Tag: interest rates

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Bank of England Holds Interest Rate at 3.75%, Flags Upside Inflation Risk

The Bank of England kept its benchmark interest rate at 3.75%, in line with expectations, while flagging upside inflation risks and readiness to act.

Top Certificate of Deposit Rates Reach 4.35% as Savers Seek Long-Term Yields

Certificate of deposit rates are reaching up to 4.35% APY this summer, drawing savers seeking fixed returns amid uncertainty over future interest-rate cuts

Fed Dissenters Defend Rate Hike Votes, Warning Inflation Demands Immediate Action

Federal Reserve officials who backed higher interest rates say immediate action is needed as inflation stays above the 2% target for over five years.

Markets Read Warsh’s Fed as Dovish, but His Words Hint at Possible Rate Hike

A gap between how markets read Fed Chair Kevin Warsh and his own remarks raises fresh questions about the central bank's stance on interest rates and infla

Fed Holds Rates as Hong Kong Keeps Base Rate at 4% Amid Market Slump

The HKMA held its base rate at 4% after the Fed kept US rates unchanged, as market slumps stoke fears over the central bank's inflation fight.

Bank of England Holds Rate at 3.75% for Fifth Time as Inflation Fears Persist

The Bank of England kept its key rate at 3.75% for the fifth time this year in a 6-3 vote as the Iran conflict pushed oil prices higher.

Fed Holds Rates Steady as Markets Weigh September Hike and Tech AI Spending

The Federal Reserve kept interest rates unchanged as markets weigh a potential September hike amid rising energy prices and watch tech AI spending closely.

Trump Praises Fed Chair Warsh While Pressing for World’s Lowest Interest Rates

President Trump praised Fed Chairman Kevin Warsh as 'fantastic' while pressing for the world's lowest interest rates and criticizing other Fed officials.

Rising Treasury Yields Signal Market Doubts Over Fed Chair Warsh’s Inflation Stance

Rising U.S. Treasury yields signal deep market anxiety over inflation and whether Fed Chair Kevin Warsh will back tough talk with action on rates in 2026.

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