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Traders and economists see increased chances of cuts ahead but Federal Reserve Chair Jerome Powell said central bankers will ...

The national average for a one-year CD is 1.78% APY as of April 2, 2025, while the average for a one-year CD for the top ...

That isn't a good combination, so the central bank is likely to cut interest rates throughout the year to support economic activity. The U.S. Federal Reserve has a dual mandate. First, it's tasked ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The world’s lowest interest rate is no longer in Japan but Switzerland after the Swiss National Bank cut rates by a quarter-point on Thursday. The SNB took its key rate down to 0.25% ...

Copyright 2025 The Associated Press. All Rights Reserved. General view of the Bank of England, in London, Monday, May 2, 2022. (AP Photo/Alberto Pezzali, File) A ...

Wall Street moved higher on Thursday, looking to build on Wednesday's gains thanks to reassuring signals from Federal Reserve chair Jerome Powell after the central bank held interest rates steady. The ...

The Bank of England has held interest rates at 4.5 per cent as it continues to tread carefully amid fears of resurgent inflation. The decision came as little surprise to financial markets ...

The Federal Reserve held its benchmark interest rate steady on Wednesday, with Chair Jerome Powell saying there is "high uncertainty" about the potential impact of the Trump administration's trade ...

The Bank of England left its interest rate on hold at 4.5% today amid growing global economic uncertainty triggered by Donald Trump’s trade wars. The Bank’s Monetary Policy Committee (MPC ...

The Bank of England has warned economic and global trade uncertainty has "intensified" as it held UK interest rates at 4.5%. US trade tariffs and retaliation to the import taxes from the likes of ...