News

The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...
Mortgage specialists are welcoming a hold on interest rates from the Bank of Canada particularly as U.S. President Donald ...
The central bank has held its key interest rate for the third consecutive time, but notes that future rate cuts are a ...
For example, the MBNA True Line Mastercard * is offering a promotion for new cardholders: it has a 0% interest rate on balance transfers for 12 months with a 3% transfer fee, and after that, it ...
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.
The United States central bank, the Federal Reserve, opted to leave interest rates unchanged on Wednesday. This is despite ...
For example, a company might issue a $1,000 bond with a 20-year maturity and a 10% annual interest rate. In this case, $1,000 would be the bond’s face value; this is the amount that an investor ...
This decline was mostly due to lower real interest rates, which don’t include inflation. You get the real rate by subtracting inflation from the nominal—or posted—rate, for example, the interest rate ...