The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

BMO’s prime rate was lowered to 5.25% on January 30, 2025, following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages ...

Do CD rates go up with the prime rate? The prime rate is a benchmark widely used by banks when setting interest rates. Returns on savings accounts, interest-bearing checking accounts and CDs ...

For example, HELOC rates are typically tied to the prime rate, which is based on the federal funds rate set by the Federal Reserve. The Fed sets this rate based on its policy goals. When inflation ...

Who benefits from the latest Bank of Canada rate announcement? Learn how to use the latest rate drop to boost your financial ...

Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...

Minutes from the Federal Reserve’s January meeting will be closely watched for any comments on the likely impact of President ...

CIBC’s prime rate was lowered to 5.2% on January 30, 2025. CIBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the ...

A substantial and unexpected rise in women’s labor force participation rates over the past few years has been a key factor ...

On February 11, it was reported that, despite the temporary halt in the CFPB’s operations, the Bureau’s tables for the Average Prime Offer Rate ...