The ECB cut interest rates by 25 basis points on Thursday, the fifth time since June, lowering the rate that the central bank pays on deposits to 2.75% from 3.0%.

Fidesz’s most radical policy has been to exempt women who have four or more children from income tax for life. All mothers ...

The South African Reserve Bank (SARB) has cut interest rates by 25 basis points, taking the repo rate down to 7,5% and the ...

Several members of the ECB’s Governing Council have already voiced such fears, stressing that the ECB should cut rates to a “neutral” level as quickly as possible. Deutsche Bank’s Mark Wall said in ...

Lenders and financial intermediaries are much more confident about the prospect for business growth in 2025 than they were ...

The same reason mortgage rates surged back in 2022 is also what could cause them to increase ... longer-term loans, including mortgages. For instance, the Fed cut interest rates to near zero ...

The base rate will also impact on 'Swap' rates, the interest rate banks charge when lending to each other. If the base rate rises or falls, lenders often pass these costs on to consumers by raising ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate ... when it was at 7.09%. Interest rates have been climbing since the ...

The US central bank has been paring back interest rates in recent months, cutting by a full percentage point since September to bolster the labor market. But in recent months, headline inflation ...

With rising swap rates and most lenders operating on thin margins, they have little choice but to increase ... 60 per cent loan-to-value. A 3.96 per cent rate on a £200,000 interest only mortgage ...

Bank of America’s loans ... interest rates expected to spur borrowing as it becomes less costly. Deposits also grew 2.2% to almost $1.97 trillion, beating analysts’ expectations for a 1.2% ...