This week brought some muted but welcome news for borrowers when the Bureau of Labor Statistics released its latest inflation reading, this time for February. The rate dropped to 2.8% in the month, ...
The Federal Reserve's expected to hold the federal funds rate steady after its first meeting of 2026 this week — this after three consecutive rate cuts last year. That said, if you have a ...
Fixed-Rate and Variable-Rate Certificates of Deposit (CDs) stand out as two widely sought-after forms of time deposit provided by banks, each presenting distinct advantages to investors. A Fixed-Rate ...
The sun is beginning to shine again on the interest rate environment after the Federal Reserve raised the federal funds rate 11 times between March 2022 and July 2023 to curb inflation, which caused ...
When you apply for a bank account or financing, the interest rate you receive can give you a sense of how much you’ll earn in returns — or pay to borrow money. However, not all interest rates work the ...
Following our central bank’s latest quarter-point rate trim on Wednesday, Canada’s benchmark prime rate is down to 5.20 per ...