Tennessee sets a new state interest rate at 11.50 percent, linked to the federal prime rate plus 4 percent, as announced by ...

Credit card issuers base their variable interest rates off of the prime rate. Since this rate is directly influenced by the Fed's benchmark, a rate cut means that credit card APRs also drop.

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ...

Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, ...

because the federal funds rate is tied to the prime rate, which is used to calculate variable interest rates, like the ones for cards. has an excellent introductory offer for consumers ...

This matters because home equity lines-of-credit are tied to prime. Trump can’t force Powell to reduce rates, nor can he fire ...

The Bank of Canada is once again dropping its overnight rate to keep up with the economic instability amid a trade war.