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

CNN on MSN · 1h

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.

Bessent's focus on 10-year US Treasury yield may let Fed off the hook

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.

CNBC on MSN · 9h

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates

The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,

Rate cut to 4.5%, Governor Bailey warns of uncertainty

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.

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.

Bank of England Interest Rates Live: Rate cut to 4.5%, Governor Bailey warns of uncertainty

Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".

11hon MSN

BOE Cuts Interest Rates. What That Means for the Dollar.

The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put ...

1d

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 ...

1d

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, ...

1d

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.

3d

Tariffs Could Reduce Chance Of Fed Interest Rates Cuts In 2025

Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...

6h

Martin Lewis explains what interest rate cut means for mortgages, savings, cards and loans

Money Saving Expert founder Martin Lewis has offered a quick oversight of how the cut will impact their mortgages, savings, ...

1h

Analysis-BOJ's fresh take on labour crunch opens door for more rate hikes

The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak ...

2d

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 ...

3h

5% Interest Savings Accounts: Where You Can Get 5% on Your Savings Nationally

Explore the top 5% interest savings accounts. We'll explain whether there are requirements to earn the highest APY and the ...

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