The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.

The Bank of Canada announced it was holding its current interest rate at 2.75 per cent with came as a shock to Ontario ...

Understanding how bank interest rates work is crucial for making informed financial decisions. Whether you're saving or borrowing, knowing the difference between active and passive rates can ...

The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.

When the Federal Reserve increases rates by 0.25%, competitive banks typically raise their rates by about 0.15% to 0.20%. Your new rate might hit 4.15%, increasing your annual earnings from ...