BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...

PBOC kept the 1-year loan prime rate (LPR) at 3.1 per cent and the 5-year LPR at 3.6 per cent, unchanged after a quarter-percentage-point decrease in October. China's LPRs, which are generally charged ...

The HKMA last cut the city’s base rate to 4.75 per cent from 5 per cent in December, the lowest level since December 2022. The policy decision by FOMC is in line with market expectations ...

Do CD rates go up with the prime rate? The prime rate is a benchmark widely used by banks when setting interest rates. Returns on savings accounts, interest-bearing checking accounts and CDs ...

The Hong Kong Monetary Authority (HKMA) kept its base rate at 4.75 per cent on Thursday, prompting HSBC and its subsidiary Hang Seng Bank, Standard Chartered Bank, Bank of China (Hong Kong) to ...

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent on Thursday, unchanged from the previous month, according to a statement on the official ...

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Thursday, unchanged from the previous month. The over-five-year LPR, on which many lenders ...

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Thursday. The one-year and five-year LPRs were at 3.10% and 3.60% ...

Individual banks and financial institutions then use this federal funds rate as a starting point to set their own prime rate, or the interest rate passed onto the most creditworthy consumers.

Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday, in line with market expectations as Beijing looks to dole out more fiscal measures ...

The one-year loan prime rate (LPR) was maintained at 3.1%, according to a statement from the People’s Bank of China yesterday. The five-year LPR was also unchanged at 3.6%. The market consensus ...