Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...

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 ...

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.

The Federal Reserve's prime rate affects the interest you pay on your credit card. Learn more about the prime interest rate ...

BoC’s overnight rate, also known as the policy rate, is one of the key elements that guides the prime rates for commercial banks. Each bank sets its own prime rate, but the Big Six Canadian ...

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 ...

Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, Desjardins Group, Equitable Bank and Bank of Nova Scotia announced Wednesday ...

TORONTO, Jan. 29, 2025 /CNW/ - TD Canada Trust today announced that it has decreased its TD Prime Rate by 25 basis points to 5.20%, effective January 30, 2025. The Toronto-Dominion Bank and its ...