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Fed's Kashkari says central bank may not cut rates
Fed's Kashkari says central bank may not cut rates as much if economy remains strong
Minneapolis Federal Reserve President Neel Kashkari on Saturday said that the central bank would probably deliver fewer interest rate cuts than expected if the U.S. economy continued to show strength.
Central banks continue with rate cuts as the stakes get higher for global economy
Central banks across the globe are on high alert, tweaking interest rates to help the global economy dodge some heavy punches. In October, central banks in Canada, New Zealand, and the European Central Bank each decided to slash rates.
Most Gulf central banks follow Fed lead and cut key interest rates
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision to reduce U.S. rates by a quarter of a percentage point.
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and Middle East conflict
Czech central bank cuts key interest rate to 4% as inflation stays low
The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery.
Hong Kong central bank cuts interest rate after Fed move, banks follow
The Hong Kong Monetary Authority (HKMA) on Friday cut its base rate charged via the overnight discount window by 25 basis points to 5.0%, tracking a move by the U.S. Federal Reserve.
Bank of England meeting: U.K. central bank cuts rates to 4.75%
Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the fragmentation of the world economy,
Fed’s Kashkari says stronger economy could mean fewer rate cuts
If that is sustained and we are in a structurally more productive economy going forward, then that tells me we probably wouldn’t end up cutting quite as far.”
Fed's Kashkari: Both political parties want inflation lower
WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump because both major U.S. political parties want inflation lower.
Marketplace
1d
What a second Trump term would mean for the central bank
On Thursday, Federal Reserve Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that's not the ...
WGBH
2d
The Fed cuts interest rates -- but Trump's election could make things trickier
The Federal Reserve lowered interest
rates
by a quarter percentage point Thursday, as expected — but the
central
bank
...
8h
on MSN
Trump has promised lower interest rates. That will be largely out of his control
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
2d
Brazil’s Central Bank Raises Rates as Inflation Rebounds
Brazil’s central bank raised rates for the second time in a row as consumer prices get hotter.
1d
Inflation Jumps in Brazil, Chile in Challenge for Central Banks
Brazil’s inflation sped through the upper limit of the central bank’s tolerance range in October, signaling Latin America’s ...
4d
on MSN
Interest rates are going down. But mortgage rates are going ... up?
The housing market continues to befuddle economists and policymakers who expected high rates would slow buyer demand and cool ...
Business Insider on MSN
5d
Americans are probably getting another interest rate cut this week — just days after the election
The Fed cut interest
rates
by 50 basis points in September — the first cut in four years and one twice the size of the ...
MoneyWeek
5d
Do we need central banks, or is it time to privatise money?
Free banking is one alternative to central banks, but would switching to a radical new system be worth the risk?
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