The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
Category: Interest Rates
-
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.
-
Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
-
What to know about the latest report.
Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent.
-
For the Fed, a Sign That the Job Market Is Cooling but Not Imploding
Fed officials have been watching the job market as they move toward a rate cut this month. Friday’s report contained good and bad news.
-
Trumponomics 2.0: Breaking Down Donald Trump’s Economic Plan
Higher tariffs, lower taxes, and more of Elon Musk: The former president outlined his economic vision to an audience of business leaders. But questions abound.
-
Low Interest Rates Pose Risks for Investors
While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields.
-
Job Hunting Is a Challenge for Recent College Grads
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
-
Why This Jobs Report Could Be the Most Pivotal One in Years
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.
-
In Japan, the Era of ‘Free’ Mortgages Is Coming to an End
Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates.
-
The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
-
The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.