Banks continue tweaking their term deposit offers with Kiwibank (down & up), and BNZ (down) the latest to move. These changes ...
Today, both Kiwibank and Westpac trimmed their term deposit rate cards again, and that took Kiwibank's 6 month offer below 5% ...
Expect deposit re-pricing for short-term deposits first and maybe if another rate cut happens, then banks may cut longer-term deposits also, says an expert | Photo Credit: AJAY VERMA The 25-basis ...
If you want the highest rates, a shorter term may help you snag them this month. But the details are important.
While the rate cut may prompt banks to lower loan interest rates, it could also reduce fixed deposit rates, affecting customers, including senior citizens. The repo rate increase or decrease has a ...
As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall. Bessent said in an interview Thursday that Trump's policies should influence those ...
The 25 bps cut is expected to prompt banks to decrease their lending rates, making loans more affordable for borrowers. However, this move may also result in a decrease in fixed deposit interest ...
In its last few meetings, the Federal Reserve cut interest rates three consecutive times, meaning the clock is ticking on the high interest rates on deposits ... of shorter-term goals, like ...
The rates for the Standing Deposit Facility (SDF), Marginal Standing ... which is 20 bps higher than what is considered the Long-Term Average (LTA) during 'normal times'. This spread is even ...
RBI MPC repo rate: The Reserve Bank of India's Monetary Policy Committee may go for an interest rate cut on February 7 for the first time in almost five years. During its December meeting, the RBI ...
Although fixed deposit rates have been falling, there’s a good number of rates that are still very decent and worth giving a shot if you have some money lying around. You don’t even need a large stash ...