Remember Libor? For decades, the London interbank offered rate was the benchmark for pricing a wide variety of loans, including adjustable-rate mortgages. But over recent years, it’s been completely ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. The overnight rate is ...

Bank of Canada cuts rates for the first time since 2020. How deep will the BoC rate cuts be in 2024? What a BoC rate cut could mean for the loonie versus the dollar. Anthony Okolie: Well, as widely ...

As was widely expected, Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since December. But for the first time in 30 years, two ...

Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise them.

MEXICO CITY—The Bank of Mexico cut its benchmark interest rate Thursday in a split decision, kicking off what is expected to be a gradual and cautious easing cycle while inflation remains above its 3% ...

TOKYO/FRANKFURT (Reuters) - Overnight money market strains eased in Europe on the first day of the new financial quarter on Wednesday but longer dated rates hit new highs as lack of trust continues to ...

Weighted average call money rates were trading at 5.25 percent on December 15, aligned with the report rate when liquidity was in surplus mode. The rates shot up to 5.41 percent on December 16, when ...

LONDON/NEW YORK (Reuters) - Overnight interbank borrowing cost fell on Thursday in the wake of deep rate cuts from global central banks this week to thaw credit markets, but longer-term funding costs ...

In a split decision, the Federal Reserve on Wednesday left its key policy rate unchanged yet again, hours after President Donald Trump called on Fed Chair Jerome Powell to cut rates and boost the ...