Inflation reached 12.7% in December 1974 and the economy entered into a recession. The prime rate was 6% in 1972 before the BoC began raising rates. It peaked at 11% in 1974–or so most people ...

BMO’s prime rate was lowered to 5.25% on January 30, 2025, following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages ...

RBC’s prime rate was lowered to 5.2% on January 30, 2025. RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank ...

Japanese Prime Minister Shigeru Ishiba's cabinet approval rate rose 5 points from the previous month to 44% in a February 7-9 ...

For example, HELOC rates are typically tied to the prime rate, which is based on the federal funds rate set by the Federal Reserve. The Fed sets this rate based on its policy goals. When inflation ...

Amazon next week will celebrate its 20th anniversary of its Amazon Prime membership. And now, Amazon Prime offers 300 million ...

The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is ...

The latest NHK opinion poll shows the approval rate for Japanese Prime Minister Ishiba Shigeru's Cabinet is 44 percent. This is 5 points up from January. The disapproval rate is 35 percent, which is ...

Former PM Nawaz Sharif meets Punjab MPAs in Lahore, discusses economic improvements and development projects while highlighting drop in policy rate.