Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Depending on where you are on your home ownership journey, the third consecutive Bank of Canada (BoC) rate cut this morning offers either welcome news or a very slight improvement on terrible news.

Record low interest rates and low housing supply during the pandemic pushed home prices to record highs, leaving many borrowers facing bidding wars. In the post-pandemic era, surging inflation ...

The Bank of Canada (BoC) has already cut its overnight rate twice this year, and experts believe several more reductions are coming. The overnight interest rate dropped from 5% to 4.75% in June and ...

The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United States border.

The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said on Wednesday after announcing a third consecutive interest rate cut. The quarter-percentage-point ...

The Bank of Canada is widely expected to cut its policy interest rate by 25 basis points on Wednesday and there are few indications that it will stop there, economists say. We apologize, but this ...

US Jobs Data Return to Center Stage as Fed Mulls Rate-Cut Size Employment report has ousted inflation as biggest market mover Friday’s figures likely to determine central bank’s next move ...

The South African Reserve Bank Governor (SARB), Lesetja Kganyago says the country has to sustain a low inflation for a period of time in order for the bank to justify further interest rate cuts.

Currency markets will continue to focus on short-term rate expectations and the extent and pace of monetary easing. A trader works on the floor of the New York Stock Exchange on Aug. 23 ...

Subscribe to The Economic Times Prime and read the ET ePaper online.

In today’s environment, would-be homebuyers and current homeowners may seek ways to secure a lower and more favorable mortgage rate. A report by Realtor.com’s economic research team found that ...