A future of lower interest rates could feel like relief for borrowers, but it also brings hidden consequences for savings, inflation, and long-term stability. As the Federal Reserve continues to adjust its strategy,

The Bank of England has announced interest rates have been cut for a second time this year. The Bank’s base rate has dropped from 5 per cent to 4.75 per cent, following on from a similar cut in August. The change will make the cost of borrowing cheaper ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their indirect impacts on everyday life.

Buying a home is the most expensive purchase many people make in their lifetime. Some people do it only once, while others are in the market with greater frequency. In any instance when the home buying process involves securing a mortgage,

The BoJ’s rate rise in July 2024 was followed by the equity market’s second-worst one-day crash in history — a 12 per cent collapse that traders said was linked to the possible unwinding of yen carry trades. The Japanese currency strengthened sharply while Wall Street’s blue-chip S&P 500 index sold off.

Find out how lower interest rates encourage investment by reducing borrowing costs for businesses, boosting economic growth and consumer spending.

The current average mortgage rate on a 30-year fixed mortgage is 6.11% with an APR of 6.14%, according to the Mortgage Research Center. The 15-year fixed mortgage has an average rate of 5.20% with an APR of 5.