(Source: Getty/AAP) "I can't wait for the rates to drop, but I think the RBA is going to be very conservative on their rate cuts this year," she said. The RBA has said time and time again that the ...

A fixed deposit (FD) allows a person to invest an amount of money at a set interest rate for a predetermined amount of time, ranging from seven days to ten years. According to the DCB Bank website, ...

The trade-off of allocating a portion of the portfolio to guaranteed income is generally ... its ability to track the inflation rate directly. That, in turn, provides valuable purchasing-power ...

Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday ...

However, while the fixed exchange rate provides a reliable foundation for financial activities, accessing banking services to take full advantage of this stability can be a complex process. That’s ...

The incoming government intends to cut the VAT rate to 9% for food-based hospitality, entertainment and hairdressing in the next budget. It is also understood the new programme for government will ...

Economists had penciled in a 0.3% rise. Traders of interest-rate futures still see the Fed waiting until June to deliver a first rate cut, but are now pricing about even odds the central bank will ...

Bank Indonesia (BI) cut the benchmark 7-day reverse repurchase rate (IDCBRR=ECI), opens new tab by 25 basis points to 5.75%, its first cut since September. The benchmark is now at its lowest in ...

Closing out the year on a positive note, mortgage rates fell by a full percentage point after the Federal Reserve delivered three consecutive rate cuts. The moves dropped the federal funds rate ...

The nominal interest rate is the stated interest rate of a bond or loan or the actual price borrowers pay lenders to use their money. If the nominal rate on a loan is 5%, borrowers can expect to ...

With the NFL playoffs in full swing, the Kansas City Chiefs will host their first postseason matchup on home turf as they seek a third consecutive Super Bowl win. The Chiefs notched a No. 1 seed ...