In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...
Javascript must be enabled in order to access C-SPAN videos. *This text was compiled from uncorrected Closed Captioning. MyC-SPAN users can download four Congressional hearings and proceedings ...
The Bank rate is used as the basis to calculate the payment on due date interest rate. The current bank rate as set on January 30, 2025, is 3.25%. Government of Canada departments use the payment on ...
Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...
Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
Her expertise is in personal finance and investing, and real estate. The U.S. unemployment rate is released on the first Friday of every month for the preceding month. The current and past ...
In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...
The country's biggest bank is cutting a range of shorter-term interest rates. ANZ Bank said it would drop its special interest rates by between 15 and 25 basis points. The six-month rate drops from ...
But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...
9.5% FD rates! Check out banks offering high returns for 3-year fixed deposits - Full list here (Image: Freepik) With the Reserve Bank maintaining the interest rate regime at an elevated level ...