In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...

Government of Canada departments use the payment on due date interest rate to calculate the interest on overdue supplier accounts and to charge interest on overdue accounts receivable. As per the ...

Investopedia / Michela Buttignol The real economic growth rate, or real GDP growth rate, measures economic growth, as expressed by gross domestic product (GDP), from one period to another ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Her expertise is in personal finance and investing, and real estate. The U.S. unemployment rate is released on the first Friday of every month for the preceding month. The current and past ...

Moreover, every tier, save the highest one, pays the same interest rate. With the typical household holding a median amount of $8,000 in their bank account as of 2022, per the Federal Reserve ...

In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

It will announce its decisions at the end of its deliberations. The BOJ ended years of negative interest rates in March and raised its short-term policy target to 0.25% in July. It has signalled a ...

The country's biggest bank is cutting a range of shorter-term interest rates. ANZ Bank said it would drop its special interest rates by between 15 and 25 basis points. The six-month rate drops from ...

But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...

At Zurich, the nearest large airport to Davos, 54 private jets landed on Monday, an increase of 170 per cent compared to the average for the past week. A spokesperson for Zurich Airport told ...