Tennessee sets a new state interest rate at 11.50 percent, linked to the federal prime rate plus 4 percent, as announced by ...

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ...

Credit card issuers base their variable interest rates off of the prime rate. Since this rate is directly influenced by the Fed's benchmark, a rate cut means that credit card APRs also drop.

The policy rate now stands at 2.75% after the central bank’s seventh consecutive rate cut. Later in the day, the country’s ...

because the federal funds rate is tied to the prime rate, which is used to calculate variable interest rates, like the ones for cards. has an excellent introductory offer for consumers ...

The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.

The Bank of Canada is once again dropping its overnight rate to keep up with the economic instability amid a trade war.

This matters because home equity lines-of-credit are tied to prime. Trump can’t force Powell to reduce rates, nor can he fire ...

Blame higher deficits, says Mario Draghi, who was also Italy’s prime minister — and who also talked about Trump's effects on ...

The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.