Trump calls on ‘Too Late Powell’ to cut interest rates
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inflation, April
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Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Another week, another set of critical data points.
The median of 15 estimates puts CPI inflation at 3.8 percent for FY26. If the RBI cuts rates by 50 basis points, the repo rate would fall to 5.5 percent from the current 6 percent.
These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.
Inflation slows to its lowest in three years, offering relief to consumers with signs of price stabilization across sectors like food and energy.
Mortgage rates are fluctuating after April's inflation report. See today’s national averages for fixed and ARM loans.
Student loan interest rates for 2025 remain painfully high, adding pressure for borrowers already facing rising college costs and stalled forgiveness programs.
Turkey’s interest rates will need to stay elevated for longer unless individuals and companies have faith the central bank is committed to slowing inflation and adjust buying and pricing patterns, Deputy Governor Cevdet Akcay said.
By Ann Saphir (Reuters) -Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze on American households and businesses in coming months,