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Rising deposit rates bring cheers to savers

Rising Interest Rates on Deposits The interest rates on deposits are on the rise in keeping with lending rates as banks look to woo funds...

Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move

Introduction to Interest Rates The Federal Reserve, led by officials like Chicago Federal Reserve President Austan Goolsbee, plays a crucial role in determining the country's...

Will Sweden’s central bank cut interest rates next week?

Introduction to Interest Rates in Sweden Sweden's central bank, the Riksbank, made a significant decision on June 18th by lowering the country's key interest rate...

Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates

What Do Donuts Have to Do with the Economy? The effects of tariffs on the economy can be seen even in a donut shop. Chicago...

Average mortgage rates below 5% for first time since Truss budget

Introduction to Mortgage Rates The average two-year mortgage rate has recently dipped below 5% for the first time since September 2022, when former Prime Minister...

‘Welcome relief’: Banks pass on cuts, as Reserve Bank lowers interest rate to 3.6 per cent

Recent Interest Rate Cut The Reserve Bank of Australia (RBA) has announced a reduction in the cash rate from 3.85 to 3.6 per cent. This...

Kenya Delivers 7th Straight Rate Cut

Introduction to Kenya's Monetary Policy The Central Bank of Kenya has been actively managing its monetary policy to promote economic growth and stability. In a...

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