News

Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, ...
In a move to protect profitability in a downward interest rate scenario, private sector banks have started to reduce savings account interest rates. While some of the banks have discontinued special ...
That’s why the savings class is walking out. Let us be honest about how the interest rate game is played out. Banks are very quick to reduce interest rates for borrowers and for depositors.
However, the bank lowered its 2025 guidance for loan growth, net interest income, fee income, and expenses, which is disappointing. Why it matters: Comerica's updated 2025 guidance doesn't include ...
Yes Bank is positioning itself alongside other banks in navigating rising savings rates by reducing interest rates on its savings accounts, effective April 21, said CEO Prashant Kumar. Post the ...
The longer you take and the more you reduce the instalments, the more interest the loan accrues. It takes a very fortunate financial position to do this but it should always be the aim.
The imposition of retaliatory tariffs has caused unease among businesspeople in both countries. Amid this crisis, U.S. President Donald Trump has hinted at some good news. According to him, he is ...
Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates on the exchange rate of the US dollar against the Egyptian pound. During ...
“It’s an immediate return on investment by reducing interest costs and improving financial stability while also providing peace of mind and a sense of relief from financial stress,” said Sam ...
Donald Trump lambasted Jerome Powell for what he perceives as a tardy and misguided approach to monetary policy, particularly his reluctance to reduce interest rates sooner. “Powell should have ...