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1 min read

Russia's central bank hikes interest rate to 21% to fight stubborn inflation

Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.

Nathan Rennolds   


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2 mins read

Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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3 mins read

Get ready for inflation and interest rates to rise again

One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…

Ayelet Sheffey   


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2 mins read

Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

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2 mins read

Japan got so spooked by Monday's market meltdown that it's now playing cool on more interest-rate hikes

Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets o…

Huileng Tan   


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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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3 mins read

US Fed says further interest rate hike unlikely going ahead

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …

ANI   


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5 mins read

The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.

The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…

Christine Ji   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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12 mins read

The vulnerable GOP congressman convinced that economic interest voters will save him from the Trump and abortion backlash

In Scottsdale, Rep. David Schweikert hopes an old-school GOP approach can help him hold onto a Hous…

Bryan Metzger   


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2 mins read

Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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3 mins read

Bank bosses aren't worried about lower interest rates — and even see some upside

Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …

Theron Mohamed   


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1 min read

More interest-rate hikes aren't off the table yet, Fed president says

"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…

Filip De Mott   


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1 min read

Bank of Japan ends decades-long negative interest policy

The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in Januar…

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3 mins read

My daughter decided not to go to college right after high school. I'm proud of her for exploring her interests first.

It wasn't easy to accept that my daughter didn't want to go to college at first. But she's taking h…

Laura Falin   


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2 mins read

The Fed gives the US its first jumbo interest-rate cut in 4 years

The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…

Ayelet Sheffey   


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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI