General News

Bank of Canada holds interest rate

The Bank of Canada kept its key interest rate on hold Wednesday to position the country as an exception among advanced economies that have already started responding to a fading global economy. To read the complete article click here.

Federal Reserve cut Benchmark Interest Rate

The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats.  But it hinted that it won’t likely cut again this year. To read the complete article click here.

Breaking: US Federal Reserve reveals interest rate decision

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that’s holding up well. To read the complete article click here.