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The cut puts the lending rate in the range of 4.5 per cent to 4.75 per cent

Butterfield Bank is reducing its base interest rates on loans and mortgages by 0.25 per cent

A new HSBC report says sequential inflation and higher neutral rates suggest American policy could stay tighter than priced, but this may take time to play out

Bermuda Taxi Owners and Operators Association gathering at Transport Control Department

Federal Reserve chair Jerome Powell was cautiously optimistic but says victory is not yet assured

While not pushing up interest rates, the Fed continues trying to bring inflation down to two per cent

The increases come after a much expected move higher by the US Federal Reserve

Bryan Dooley recommends investors remain defensive in both equity and credit markets

Butterfield raises interest rates after the latest action taken by the US Federal Reserve

Dear Dave, I plan to buy another investment property with cash in the next year or two. Currently, I have $83,000 sitting in a high-yield savings account at 4 per cent interest. My goal is to save another $50,000 to $70,000 in the upcoming months. Ri...

Butterfield’s base interest rates will remain unchanged

WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation yesterday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking...