Tag: US Fed

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News: US Fed holds rates steady (again)

RobHLeave a comment

The US Federal Reserve, with a bit of drama emerging in the ranks, held their key rate steady today. The target rate sits within the 3.5% to 3.75% range.

This is of interest to the DIY investor insofar as it influences the rates you can expect from high interest savings accounts (HISAs) and ultra short term bond funds. I try to keep track of the latest rates over at HISA and short-term bond table (Canada & US) so your idle cash is a little less idle.

The next Fed meeting where rates could change is scheduled for September 16th.

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News: No change to Bank of Canada Rates

RobHLeave a comment

Stop me if you’ve heard this before, but yesterday the Bank of Canada left interest rates unchanged — again. This is of interest to DIY investors only because it drives the kinds of rates you can expect from high-interest savings accounts and the like. I’ve updated the page that tracks some HISAs and cash-like ETFs over here.

The overnight rate remains at 2.25%. That makes 6 straight rate announcements with no change. The next one for the Bank of Canada happens on September 2nd. Next up is the US Federal Reserve on July 28,

silhouette of a person practicing yoga indoors

News: US Fed holds rates steady (again)

RobHLeave a comment

The US Federal Reserve, to the surprise of no one, held their key rate steady today. The target rate sits within the 3.5% to 3.75% range. This mirrors last week’s announcement by the Bank of Canada.

This is of interest to the DIY investor insofar as it influences the rates you can expect from high interest savings accounts (HISAs) and ultra short term bond funds. I try to keep track of the latest rates over at HISA and short-term bond table (Canada & US) so your idle cash is a little less idle.

The next Fed meeting where rates could change is scheduled for July 29th, a few weeks after the Bank of Canada’s announcement on July 15th.

balanced stones on a tranquil beach

News: No change to Bank of Canada Rates

RobH1 Comment

To the surprise of nobody, the Bank of Canada left interest rates unchanged — again. This is of interest to DIY investors only because it drives the kinds of rates you can expect from high-interest savings accounts and the like. I try to keep a table up-to-date with all the latest and greatest news for both HISAs and ETFs that are like HISAs over here.

The overnight rate remains at 2.25%. That makes 5 straight rate announcements with no change. The next one for the Bank of Canada happens on July 15th. The next one for the US Federal Reserve is next week, on June 16th.

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News: Steady as She Goes — BoC and US Fed rates unchanged

RobHLeave a comment

To the surprise of no one, both the Bank of Canada and the US Federal reserve announced no changes to their benchmark rates today.

As reflected in HISA and short-term bond table (Canada & US), the Bank of Canada rate held steady at 2.25% and the US Federal Reserve held their rates steady in a range of 3.50-3.75%.

The posted rates matter because they drive numbers like how much money you can expect to earn from a high interest savings account.

Bank of Canada next announces on June 10. US Fed next announces on June 17.