were often higher than those offered on long-term counterparts. To truly be able to take advantage, however, savers first needed to know what a good, short-term CD interest rate was considered to be.

Many factors, both internal and external, influence bank operations. A recent study examined the impacts of fluctuations in ...

As widely expected, the Federal Reserve downshifted its pace of interest rate hikes on Wednesday ... He said they focus on long-term financial conditions and not short-term conditions.

The surprise drop prompted City traders to raise bets on an interest ... for a rate cut at every other meeting this year, but the risks are clearly growing that the MPC stops its easing cycle ...

Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...