The Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country's monetary policy rate ...
With the Union Budget two days away, home loan borrowers are hoping for measures that could ease their burden. As property ...
Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time ...
The Japanese government expects its annual debt-servicing costs to rise to almost $230 billion over the next four years as the central bank’s campaign to gradually raise interest rates drives up ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
The Federal Reserve held interest rates steady on Wednesday after price increases ticked up over the last three months, ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Brokerage firms may seek to sweep cash into affiliated banks, often paying low interest rates. According to some reports, brokers could make 10 times more than their customers do on their cash.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.