Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...

If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...

TORONTO, Jan. 29, 2025 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), Canada's Challenger Bank™, today announced it is reducing its prime lending rate by 25 basis points to 5.20% ...

The Federal Reserve's prime rate affects the interest you pay on your credit card. Learn more about the prime interest rate for credit cards in this guide.

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...

China’s commercial lenders held benchmark lending rates on Monday, the People’s Bank of China said. The one-year loan prime rate held steady at 3.1%, while the five-year rate remained at 3.6% ...

The model projected that the rand - currently at R18.51/$ - would weaken to nearly R21 to the dollar, with domestic inflation ...

It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...