China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a ...

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

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 prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...

Inflation reached 12.7% in December 1974 and the economy entered into a recession. The prime rate was 6% in 1972 before the BoC began raising rates. It peaked at 11% in 1974–or so most people ...

China’s commercial lenders held benchmark lending rates on Monday, the People’s Bank of China said. The one-year loan prime rate held steady at 3.1%, while the five-year rate remained at 3.6% ...

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 ...