The Federal Reserve cut its prime lending rate again, this time by a quarter point. The economy, higher costs of living and ...

Here Are the Winners and Losers The Federal Reserve met Nov. 7 and cut interest rates by 25 basis points (0.25 percentage ...

Banks use the federal funds rate to set their interest rates for products like mortgages, student loans and personal loans. The prime rate, which is generally about three percentage points above ...

Banks tie their prime rate—the rate they charge their best customers—to the Fed rate, usually set about 3 points higher. As a result, interest rates may fall for several types of loan products ...

The most creditworthy borrowers have the best odds at snagging the best HELOC rate, which should beat out today’s overall ...

RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...

The Federal Reserve recently cut interest rates for the first time in four years. Interest rate cuts make mortgage, automobile and other loans more affordable. Economists expect more interest rate ...

The hidden reason for sky-high card rates, credit experts say, is that card companies are charging record-high “margins.” That’s interest the card issuer charges above the prime lending rate. “You can ...

Minneapolis Federal Reserve President Neel Kashkari said it appears likely that "further modest reductions" in the central bank's benchmark interest rate will be appropriate in the coming quarters.