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Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
First seen · 9:47 PM UTCMay 8, 2026
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All today →History
Victory in Europe Day
May 8th, 1945, marked the unconditional surrender of Nazi Germany — the end of World War II in Europe after nearly six years of conflict. Street celebrations erupted from London to Moscow. In Germany the same date is called Tag der Befreiung, Liberation Day, a reminder that the same event carries different meaning depending on where you stood.
+2Public holiday
Liberation Day
Liberation Day is observed in Czech Republic (Den vítězství). Recognized nationally.
Public holiday
Victory in Europe Day
Victory in Europe Day is observed in France (Victoire 1945). Recognized nationally.
Public holiday
Day of victory over fascism
Day of victory over fascism is observed in Slovakia (Deň víťazstva nad fašizmom). Recognized nationally.
Also on this date in history
All →2025
The 2025 papal conclave elects Cardinal Robert Francis Prevost, taking the name Leo XIV as the 267th Pope of the Catholic Church.
Milestone2021
A car bomb explodes in front of a school in Kabul, capital city of Afghanistan killing at least 55 people and wounding over 150.
Milestone2019
British 17-year-old Isabelle Holdaway is reported to be the first patient ever to receive a genetically modified phage therapy to treat a drug-resistant infection.
Milestone