interest

US interest rates fall for the second time in four years Money news – Uptrends

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US interest rates fall for the second time in four years Money news – Uptrends

The US central bank cut interest rates for the second time in a row, as the independent agency’s future becomes uncertain under Donald Trump’s second presidency. The Federal Reserve Bank, commonly known as the Fed, cut interest rates to 4.5% from 4.75%. Unlike the UK, the US interest rate is a range to guide lenders … Read more

Economists say UK budget reduces chances of big interest rate cuts | Money news – Uptrends

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Economists say UK budget reduces chances of big interest rate cuts | Money news – Uptrends

Economists have warned that hopes for the Bank of England to make successive interest rate cuts over the next two months have been dampened by the UK government’s latest budget. These interest rate cuts typically reduce borrowing costs for consumers and businesses over time. The likelihood of successive cuts has declined as the market digests … Read more