rate cut affects you

Credit cards, savings and mortgages: How rate cut affects you
The Bank of England cut interest rates on Thursday from 4.75% to 4.5%, the lowest level for more than 18 months. Lower rates can reduce the cost of borrowing, but could also mean lower returns on savings. The BBC spoke to borrowers and savers about how the rate cut will affect them.
India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
Bank of England Cuts Interest Rates to 4.5%-What It Means for Mortgages
The Bank of England has lowered its base interest rate from 4.75% to 4.5%, marking its lowest level since June 2023. While the decision is expected to provide relief for some borrowers, the overall impact on mortgages,
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.
Interest rates cut to 4.5%: What it means for your mortgage and savings
We explain what the Bank of England's decision to cut rates to 4.5% means for your money - and whether rates will be cut again soon.
UK Inflation Drops to 2.5%—What It Means for Interest Rates, Mortgages, and Savings
The Bank of England is expected to lower interest rates for the first time in months, as it seeks to counteract the UK’s sluggish economic growth. Economists anticipate a 0.25 percentage point reduction,
India’s central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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Chase to cut interest rate on 5% savings account twice this month - a double whammy for savers
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Indian state-run firms line up $2 billion bond sales as central bank cuts interest rate
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Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Rate cut alone insufficient to boost lending amid tight liquidity: Bankers
Indian banks' loan growth has moderated for six straight months through December as the liquidity constraints forced lenders ...
India cuts interest rates for the first time in five years
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...