Major U.S. lenders lowered a key interest rate on Wednesday, providing U.S. consumers a reprieve on borrowing costs, after ...

Reduction of 12.5 basis points in funding costs will provide relief for some – but not all – borrowers in the city.

Find out what the Federal Reserve's rate cuts mean for your finances.

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest ...

Major local commercial lenders, HSBC, Bank of China (Hong Kong), and Standard Chartered on Thursday lowered their Hong ...

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit.

“If the Fed moves too quickly with rate cuts, they run the risk of reigniting inflation expectations. Conversely, if the Fed moves too slow, growth could stall. Unless incoming data over the coming ...

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...

The Reserve Bank kept the interest rate on hold despite speculation that a surprice cooling of inflation could open the door ...

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.15%, according to the Mortgage Research Center. On a ...

The Bank of Canada announced on Wednesday that it's lowering its key interest rate by 0.25 points from 2.75 to 2.5 per cent.