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Bessent, Trump to focus on 10-year yields, not fed rate

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.

Seeking Alpha on MSN · 1h

Trump and Bessent's focus on US10Y instead of fed rate 'the right approach'

U.S. President Donald Trump and his newly appointed Treasury Secretary Scott Bessent's focus on the benchmark 10-year Treasury yield and not the federal funds rate to bring down borrowing costs is the "right approach,

Axios on MSN · 6h

Trump rates policy comes into focus

When President Trump demanded lower interest rates two weeks ago, it looked like a return to his 2018-vintage Fed jawboning. But his administration's stance on interest rates now looks more subtle. Why it matters: The new administration seeks to bring long-term interest rates lower,

Bank of England cuts interest rate

Hosted on MSN · 10h

Bank of England cuts key UK interest rate to 4.50% as economy stagnates

The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to post any meaningful growth. In a statement Thursday, the bank said the nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.

BBC · 1h

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Reuters on MSN · 4h

Bank of England cuts rates and growth outlook, sees inflation 'bump'

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.

14hon MSN

A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn

A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...

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‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025

For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...

Dallas Fed's Logan signals rate cuts require US labor market cooling

Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for ...

Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...

Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

ECB's Centeno hopes key interest rate will drop to 2% sooner, not later

The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is ...

1don MSN

Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

What Is Deferred Interest, and How Does It Work?

Deferred interest is when your interest payments are placed on hold for a specific amount of time. But if you don't pay off the balance in full by the time your deferred interest window closes, you ...

Sanders and Hawley introduce bill to cap credit card interest rates at 10%

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...

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Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...

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Bessent, Trump to focus on 10-year yields, not fed rate

Bank of England cuts interest rate

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