Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members. The official announcement of a rate cut is typically the least important aspect.

Homebuyers have been dealt a blow after average mortgage rates rose for the first time in eight months as of the start of October but deals are at least hanging around for longer. Average mortgage ...

Last week, the average 30-year fixed mortgage rate tracked by Freddie Mac hit a calendar-year low of 6.35%. It’s likely that this week’s reading could come in even lower, given that the daily rate ...

The Consumer Price Index for all items increased by 0.3% in June 2025, on a seasonally adjusted basis, as reported by the U.S. Bureau of Labor Statistics. The CPI has increased steadily since March ...

NEW YORK, Sept 17 (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, further raised the odds on Wednesday that the Federal Reserve will ...

But in an indication of an appetite to still to cut at some point, two of the nine-member Monetary Policy Committee voted to bring the rate down to 3.75%. Governor Andrew Bailey said “we are not out ...

NEW YORK (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, further raised the odds on Wednesday that the Federal Reserve will deliver ...

The Federal Reserve on Wednesday delivered its first rate cut since December, a move that will ripple through everything from home loans to credit cards, although not all Americans will notice the ...

UK interest rates have been held at 4% as the Bank of England governor warned "we're not out of the woods yet" in terms of rising inflation. Analysts had not expected interest rates, which influence ...

2:20 How do central banks decide interest rates? The Bank of Canada is set to decide whether to cut, hold or increase interest rates on Wednesday — and a growing number of economists say they are ...