Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...

The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

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

Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...

The trend in short-term rates leading up to the U.S. presidential election usually persists Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are now, and ...

Rate cut could lighten monthly mortgage repayment by HK$709 for a typical HK$5 million, 30-year loan priced at prime minus ...

The Hong Kong Monetary Authority (HKMA) on Friday cut its base rate charged via the overnight discount window by 25 basis ...

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

By the end of 2024, interest rates will fall another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections.

When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...