Discover how interest rate differentials shape forex markets and create trading opportunities. This guide explains the carry ...

The Reserve Bank is expected to cut interest rates from 3.85 to 3.6 per cent when it meets on Tuesday. While economists ...

Fixed Deposit (FD) has always been considered a symbol of safe investment in households, which keeps the savings safe with fixed interest. However, in emergencies, many people break FD prematurely, ...

Interest rate cuts would bring many of those payments down, delivering gains for borrowers. On Thursday, mortgage rates fell below 7% for the first time since August, Freddie Mac said in a statement.

Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac.

Of course, most car shoppers aren’t paying the Fed’s interest rate on their vehicles; the average interest rate for a new-car loan in the second quarter of 2024 was 6.84%, per Experian.

If the Fed does cut its benchmark interest rate, demand for gold could rise - pushing its price higher. And, that would be a welcomed move among gold investors.

At the same time, job growth has slowed and the unemployment rate has inched up to 4.2%, leaving Fed officials worried that high interest rates could become an unnecessary drag on the economy.

The 4.2% unemployment rate is projected to hold steady to end 2024, below the September forecast of 4.4%, the Fed’s median estimate shows. The rate is expected to close out 2025 at 4.3% ...