Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply and short-term lending among banks.

As the central bank considers changing the prime interest rate, the financial sector is struggling to explain the ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for better financial decisions.

Changing the prime interest benchmark may alter optics and signalling, but it will not reduce borrowing costs in any durable way, writes Stuart Theobald.