News

Here's how much interest a $20,000 CD can earn now compared to a year ago
A $20,000 deposit into a CD account came with big returns last summer. But is that still the case if opened now?
Discover To Increase CD Rates For A Limited Time: How You Can Take Advantage
If you have a purchase looming on the horizon, it’s time to take advantage of a hot new offer from Discover. The bank has ...
ECB Could Cut Interest Rates Twice More in 2025 as Tariffs Sting the Economy -- Interview
The ECB cut interest rates eight times between June 2024 and June 2025, taking the deposit rate to 2.0% currently. Eurozone money markets only fully price in one more rate cut this year and not until ...
3 Big Banks Just Boosted CD Rates—Here’s Why That’s Surprising Right Now
Several large U.S. banks announced CD rate increases today—a welcome development at a time when most CD shoppers have been ...
DHF: Weak Performance Due To Higher Interest Rates
BNY Mellon High Yield Strategies Fund, a CEF, aims to provide attractive total return from its portfolio of credit ...
BOJ to hike rates this year despite uncertainties, economists predict: Reuters poll
The Bank of Japan will raise its key interest rate by at least 25 basis points by year-end, a majority of economists said in ...
‘Remains tight’: Why the RBA held interest rates in July
A stronger than expected job market stopped the RBA pulling the trigger on a July rate cut, leaving struggling homeowners to ...
Japan Carmakers Put Squeeze on Households With Higher Loan Rates
Japan’s automakers have begun hiking loan rates as a historic central bank pivot to unwind three decades of ultra-loose ...
Sri Lanka central bank holds rates on tariff uncertainty
Sri Lanka's central bank held its benchmark interest rate steady at 7.75% on Wednesday, pausing after May's surprise cut, to ...