Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.

January is the perfect time to make some financial moves, like rebalancing your portfolio or making sure you're getting the ...

The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members ...

This rate cut comes less than two weeks after the Fed cut interest rates by half a point and marks continued effort to minimize the economic impact of the coronavirus (COVID-19). "The effects of ...

Here are three things we've learned from the latest numbers ... The US central bank, which is charged with keeping both prices and employment stable, cut interest rates for the first time in more than ...

Multiple economic factors influence interest rates. Three types of interest rates, including real, nominal, and effective affect consumers ... and market conditions. Why Do Effective Interest ...

Here's how the Fed's rate hike affects specifically ... difficult to pay off. As interest rates rise, your best bet is to pay down high-interest credit card debt. To do so, Schulz suggests using ...

Almost all Federal Reserve officials agreed in their last meeting that "upside risks to the inflation outlook had increased" ...

In life, we’re told the only guarantees are death and taxes. While not nearly as morbid nor pessimistic, in commercial real ...

Commissions do not affect ... rates. After holding rates between 5.25% and 5.50% for nearly 14 months—the highest level in 23 years—this latest cut lowers the Fed’s benchmark interest ...

Even though interest ... rates to also stop going up. That's good news for borrowers." While the macro rate environment may be moving in your favor, there are also things you can do to improve ...

Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.42%. That rate is much higher than it was prior ...