BOE’s Pill Says Rate Cuts Hinge on No New Shocks After Trump Win
Bank of England Chief Economist Huw Pill said that future interest rate-cuts will depend on the UK economy avoiding “big new disturbances” after the return of Donald Trump to the White House raised the threat of a global trade war.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump. The move comes two months after the Fed cut its benchmark interest rate a half of a percentage point,
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.
Pound Jumps as Traders See No More BOE Rate Cuts Until Next Year
The pound gained as traders pared bets on further Bank of England monetary easing this year, with the outlook for price pressures clouded by increased UK government spending.
Fed Cuts Rates In First Decision Since Election
The Federal Reserve announced Thursday that it would lower its federal funds rate target range by 0.25% in a push
Fed cuts interest rates in first meeting since Trump win
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a percentage point.
BOE to Cut Rates in Decision That Will Be Overshadowed by Budget, Trump
The Bank of England is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from the UK budget and Donald Trump’s election victory.
US Fed rate cut plans likely unchanged by Trump victory
The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of
The Fed cuts interest rates -- but Trump's election could make things trickier
The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how President-elect Trump approaches his second term.
BOE Rates Won't Go Back to 'Very Low Levels,' Bailey Says
"I don't expect interest rates to go back to the very low levels that they were at prior to increasing rates unless there was ...
BOE Says Unwind of Trade That Rocked Gilt Market Likely Over
Bank of England officials said the UK bond selloff that followed last week’s budget announcement was exacerbated by investor ...
Pound, UK stocks get a lift from BoE 'sugar rush'
Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while ...
Pound, UK Stocks Get a Lift From BoE's Rosy Rate View
Right now, money markets show traders believe UK rates could fall by just over half a percent next year - something ...
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Wood County BOE files petition for injunction against WVSSAC
The reclassifications right before football season started limits the ability of three schools in Wood County to host playoff ...
Morning Bid: Fed and BOE decide as US House awaited, Germany jarred
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald ...
Democrats, Republicans each win a seat in Wichita-area state BOE races
Conservative Republicans are angling for more influence over Kansas public schools, and two races in the Wichita area could ...
Europe markets close higher as Trump win settles in; Fed, BOE decisions in focus
European markets are heading for a mixed open as global investors digest Donald Trump’s presidential election win and ...
FTSE 100 slips after BoE cuts rate as expected but flags higher inflation
The UK's FTSE 100 slipped on Thursday after the Bank of England (BoE) cut interest rates as expected but projected higher ...