Browsing: cut

The Federal Reserve is expected to lower borrowing costs again on Wednesday. Another quarter-point reduction, on the heels of September’s cut, would bring the federal funds…

Mortgage rates fell for the fourth consecutive week, finally nearing 6% for the first time since September 2024. Lenders and analysts have been anticipating that the…

Key insight: Inflation cooled slightly but continued upward in September, climbing 0.3% after August’s 0.4% gain.Supporting data: Prices rose 3.0% year-over-year, tracking with the increase in…

Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025.CNBCFederal Reserve Governors Stephen Miran and Christopher Waller provided…

By Christine Dobby (Bloomberg) — Bank of Nova Scotia is cutting jobs across its Canadian banking division as part of the firm’s effort to boost long-term…

Americans may feel somewhat removed from the Federal Reserve, but the central bank’s moves have a ripple effect on many types of consumer products, most notably…

Key insights: Banks are by and large lowering interest rates on deposit accounts.Expert quote: “Until loan growth really comes back in a more significant way, what…

By Christine Dobby (Bloomberg) — Toronto-Dominion Bank is reinstating guidance on growth — with similar targets to those in place before a U.S. money-laundering scandal —…

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in…

The Federal Reserve is widely expected to lower its benchmark rate when it meets this week, despite the latest hotter-than-expected inflation data.The market is now pricing in…