latest news in interest rates

Federal Reserve Plans Two Rate Cuts Amid Economic Uncertainty

Washington, D.C., Wednesday, 22 October 2025.
The Federal Reserve is expected to cut interest rates twice by year-end, reflecting concerns over a weakening labor market and ongoing inflation risks, with uncertainty about 2026 rate paths.

UK Inflation Holds Steady at 3.8% for Third Consecutive Month

London, Wednesday, 22 October 2025.
The UK’s inflation rate remains at 3.8% in September 2025, defying forecasts of a rise. Bank of England considers interest rate cuts amid economic challenges.