The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%.
Borrowing rates have already fallen in anticipation of a deeper cut in rates. The average 30-year mortgage rate dropped to ...
Even further, the Fed will present a fresh Summary of Economic Projections (SEP) or dot-plot, which may add to the expected ...
The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
The Fed is expected to cut interest rates on Wednesday, inserting the central bank into the teeth of a contentious election ...