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 »
Tag Archives: u.s. federal reserve
U.S. Federal Reserve Holds Rates Steady; Hints at Increase Soon
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
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
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
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
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
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 »
U.S. Federal Reserve Raises Rates Again
For the third time in six months, the U.S. Federal Reserve has raised its benchmark interest rate – this time, by a quarter-point. The announcement, widely predicted by economists, is the latest vote of confidence in the U.S. economy. It’s also an indication that Federal Reserve Chairperson, Janet Yellen, is seeking to normalize rates from the rock bottom lows they’ve sat around since the financial crisis in 2008. Continue reading »
US MBS Selloff – The Canadian Impact
The U.S. Federal Reserve has announced its intention to sell off its huge store of mortgage-backed securities – a sign the nation is rebounding from the 2008 financial crisis. How will this impact Canada’s own economic recovery? Read on for Rubina’s breakdown. Continue reading »
The Bank of Canada Leaves April Rate Unchanged
The Bank of Canada has left the cost of borrowing unchanged in its April announcement, as low oil prices counter tepid economic improvements. How will this impact the economy – and YOUR mortgage rate? Read on to learn more. Continue reading »