Mortgage rates on Friday fell below 6% for the first time in years, after President Donald Trump ordered his “representatives” to begin buying $200 billion worth of mortgage bonds, his latest push to ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...

Egypt’s central bank made its fifth interest-rate cut of the year, after a surprise slowdown in inflation gave authorities scope to resume an easing cycle. The regulator reduced its benchmark deposit ...

In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...

BANGKOK, Dec 17 (Reuters) - Thailand's central bank cut its key interest rate on Wednesday, as expected, as it looks to support a slowing economy grappling with multiple challenges including political ...

The Bank of England’s (BoE) MPC has cut interest rates from 4% to 3.75% The MPC last met on 6 November when it held rates at 4% The market was widely expecting the MPC to lower interest rates ...

Japan’s central bank is once again at the center of global market anxiety. The Bank of Japan (BOJ) is scheduled to announce its next interest rate decision on Dec. 19, and growing speculation of a ...

NEW YORK, Dec 16 (Reuters) - U.S. rate futures on Tuesday raised the probability of the Federal Reserve cutting interest rates at the next policy meeting in January after data showed U.S. unemployment ...

Here’s how the central bank’s latest cut will affect loans, savings accounts and investments—and what financial moves to consider Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Home equity borrowing rates have been on the decline over the last 18 months. While home equity line of credit (HELOC) rates averaged 9.18% last June, the same rates now sit just below 8%, according ...

The central bank’s decision to lower interest rates for a third straight meeting was highly contentious, reflecting an internal divide that will likely limit how much borrowing costs will fall next ...