In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...

Traders in the futures markets are sharply reducing expectations for interest rate cuts from the Federal Reserve, as the war with Iran drives worries of an inflationary resurgence. The view is being ...

For two years now, the Federal Reserve policy discussion has been all about interest rate cuts: when they'll arrive, how big, how many. The Iran war and accompanying energy price shock have flipped ...

The Bank tends to increase rates if inflation rises above its 2 per cent target ...

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on inflation, a central bank may choose to increase its policy rate, potentially ...