SM PRIME Holdings, Inc. has set the interest rates for its planned P25-billion peso-denominated fixed-rate bond offering, which will be available from Feb. 12 to Feb. 18.  The property developer’s ...
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...
What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?
Has Russia’s prime interest rate peaked? The Central Bank of Russia (CBR) says analysts have lowered their forecast for ...
It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...
The model projected that the rand - currently at R18.51/$ - would weaken to nearly R21 to the dollar, with domestic inflation ...
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 ...
If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...
The South African Reserve Bank (SARB) announced a cut in the repurchase rate on Thursday, taking it to 7.5%. Frank Blackmore, Lead Economist at KPMG South Africa MPC Reaction said that the ...
Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...