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    Tag Archives: federal reserve interest rate

    Bank of Canada Holds Rates Steady Despite US Federal Reserve Cuts
    Mortgages

    Bank of Canada Holds Rates Steady Despite US Federal Reserve Cuts

    Posted on September 5, 2019 by Rubina • Leave a comment

    The Bank of Canada is holding its key benchmark rate for the seventh time in a row, despite the U.S. Federal Reserve cutting its own for the first time in 10 years. Continue reading »

    U.S. Fed Raises Benchmark Interest Rate; No Longer Seems to Be “Accommodative”
    Economic News / RSM News

    U.S. Fed Raises Benchmark Interest Rate; No Longer Seems to Be “Accommodative”

    Posted on September 27, 2018 by Rubina • Leave a comment

    Despite President Trump’s disapproval, the U.S. Federal Reserve raised its benchmark interest rate to a range between 2 and 2.25%. This is also the eighth hike since 2015, meaning… Continue reading »

    U.S. Federal Reserve Holds Rates Steady; Hints at Increase Soon
    Economic News / RSM News

    U.S. Federal Reserve Holds Rates Steady; Hints at Increase Soon

    Posted on August 4, 2018 by Rubina • Leave a comment

    The U.S. Federal Reserve announced last Wednesday that it unanimously voted to keep its benchmark federal funds rate in a range from 1.75-2%, despite admitting that… Continue reading »

    Finance Experts Weigh in on the Current State of Trade Wars and International Markets
    Economic News / RSM News

    Finance Experts Weigh in on the Current State of Trade Wars and International Markets

    Posted on July 3, 2018 by Rubina • Leave a comment

    The recent long list of tariffs the Trump administration has implemented on its trading partners is now revealing itself as a policy that will slow down trade across the globe… Continue reading »

    U.S. Fed Reserve Hikes Rates As Expected, Amidst Trade Developments
    Economic News / RSM News

    U.S. Fed Reserve Hikes Rates As Expected, Amidst Trade Developments

    Posted on June 14, 2018 by Rubina • Leave a comment

    The U.S. Federal Reserve raised its short-term federal fund rate by 25 basis points and expects to increase rates two more times in 2018. Even though trade wars… Continue reading »

    U.S. Federal Reserve Leaves Rate Unchanged; Hike May Come Next Month
    Economic News / RSM News

    U.S. Federal Reserve Leaves Rate Unchanged; Hike May Come Next Month

    Posted on May 4, 2018 by Rubina • Leave a comment

    This week, the U.S. Federal Reserve kept its interest rate at a range between 1.5 to 1.75%. However, we may see an increase as soon as next month due to… Continue reading »

    U.S. Fed Hikes Interest Rate By Quarter Point; Two More Hikes Expected in 2018
    Economic News / RSM News

    U.S. Fed Hikes Interest Rate By Quarter Point; Two More Hikes Expected in 2018

    Posted on March 21, 2018 by Rubina • Leave a comment

    As expected, the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points this afternoon. This is the sixth time it raised… Continue reading »

    U.S. Federal Reserve: Yellen’s Last Interest Rate Announcement
    Economic News / RSM News

    U.S. Federal Reserve: Yellen’s Last Interest Rate Announcement

    Posted on February 5, 2018 by Rubina • Leave a comment

    The first female to lead the U.S. Federal Reserve has made her last interest rate announcement. Chairwoman Janet Yellen left rates unchanged. The U.S. benchmark short-term interest rate is holding steady in a range between 1.25 per cent and 1.5 per cent due to… Continue reading »

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