By Fergal Smith TORONTO - The Canadian dollar weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by U.
Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an escalation in global tariffs even though inflation was falling for now.
How much interest you can earn, however, depends on where savings rates currently stand.
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
Futures tied to Canada's main stock index fell on Monday as concerns of a global trade war persisted, while investors also eyed the Bank of Canada's interest rate decision later in the week.
San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term borrowing costs "in a good place,
The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread "uncertainty" stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.
If you're a homeowner looking for lower-cost borrowing options, you may consider a home equity loan or HELOC today.
When the Reserve Bank cut the official cash rate last month, lenders reacted quickly, letting customers know home loan rates were dropping. But they've been slower to explain how the changes will affect savings rates.
The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...