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

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

Fed Chair Powell described the reduction as “a risk-management cut” against the growing downside risks to employment. But with inflation still above the Fed’s 2% target – typically justification to ...

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 ...

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

Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S.

The Federal Reserve cut the federal funds rate to a target range of 4%–4.25%, marking its first reduction in 2025 after ...

The Federal Reserve cut interest rates for the first time in 2025, with the 25-basis-point reduction coming amid signs of a slowdown in the jobs market despite elevated inflation.

The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since ...

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.

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