Any hope of immediate interest rate relief was eliminated this week after the Bureau of Labor Statistics released its monthly inflation report. Inflation in December rose to 2.9%, marking its ...

Inflation rose 2.9% on an annual basis in December, which was slightly above the 2.8% rate that was forecasted by economists. This modest yet unexpected uptick comes on the heels of an uptick in ...

How embarrassing would it be for the Federal Reserve to raise rates this year? Could it admit that its aggressive rate reductions last year, including a cut as recently as last month, were a ...

The surprising strength of the U.S. jobs market and the stickiness of inflation have led economists to mull what was once unthinkable — a possible interest rate rise by the Federal Reserve this ...

And over the life of the mortgage, you’ll pay a lot in interest. Small changes in interest rates can make a big difference in how much you’ll pay. So it’s important that you understand what determines ...

Tariffs don't directly cause interest rates to rise. If inflation rises, interest rates tend to follow. Historically, tariffs have made goods and services more expensive. Tariffs and interest ...

How about the Honda CR-V? Well, as it turns out, the other eternal runner-up wasn't too far behind them – American Honda delivered over 402k units to customers, meaning almost a third of its 1. ...

After soaring to a 40-year high in 2022, the rate of inflation is trending lower, which allowed the Federal Reserve to cut interest rates last year. The Fed's projections point to two more rate ...

The Bank of England cut interest rates again today from 4.75 per cent to 4.5 per cent. The decision came as little surprise to financial markets, with the 0.25 basis point cut widely predicted by ...

We’re more than halfway through January, and the Bank of Canada’s next interest rate announcement is coming on Jan. 29. Currently, the overnight lending rate is at 3.25 per cent — down from five per ...

Donna is also an expert in personal finance and investing topics. FreshSplash/Getty Images Adjustable-rate mortgages (ARMs) can save borrowers money in interest over the short to medium term.

When it comes to socking away your money where it can earn a solid interest rate, you have lots of options, which come in three categories: You can choose just one, such as a high-yield savings ...