If you had $10,000 in the account, you’d earn $500 in interest after one year. Interest rates are fixed or variable, depending on the type of product you have and the financial institution you use.

Because of this, you may find yourself cheering on climbing interest rates in one context while cursing their ascent in another. Myriam is a personal finance writer based in Brooklyn, New York.

Interest rates on bank products can change over time. Interest can have a significant impact on your money. High-yield savings accounts, loans, mortgages, and credit cards have interest rates ...

The Vasicek interest model is commonly used in economics to determine where interest rates will move in the future. Put simply, it estimates where interest rates will move in a given period of ...

Given all that, you might reasonably expect the relationship between interest rates and inflation to be thoroughly understood by the economics establishment. Not so. Over the past two years ...

Banks set money market account rates. The specific rate offered by an institution reflects the general interest rate environment and the bank’s economics. For instance, a new online-only ...

Focusing on interest rates and capital expenditure can help investors to determine where we are in the business cycle. The rise and fall of economic growth is not a completely random ...