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Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, underscoring progress on bringing down core inflation and signaling future rate cuts were possible.
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Bank of Mexico Makes Third Straight Interest-Rate Cut
The central bank board voted unanimously to cut the overnight interest-rate target to 10.25% from 10.5%.
Bank of Mexico lowers key interest rate to 10.25%
The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.25% in a unanimous decision, it said on Thursday, its third consecutive rate cut as core inflation in Latin America's second-largest economy continues to ease.
46m
on MSN
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
2d
on MSN
The Fed’s Kashkari Sees a December Interest-Rate Cut. Unless There’s an Inflation Surprise.
A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.
6d
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
1h
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
1h
on MSN
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
CNET
2h
Compound Interest Helped Me Double My Savings In One Year
By setting up automated transfers into a high-yield savings account, I watched compound interest do its magic.
8d
on MSN
Americans are probably getting another interest rate cut 2 days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, following Trump's election ...
7d
on MSN
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
abc13
1d
Federal reserve cuts key interest rate while Houston homebuyers waiting for another cut
The federal reserve plans to cut more over the next year. As people keep their fingers crossed for better financing in the ...
2d
How to Calculate the Break-Even Interest Rate on Bonds
To calculate the break-even interest rate, you need to know the yields to maturity and the number of years left before the ...
2d
The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...
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