Federal Reserve leaves interest rates unchanged even as President Donald Trump demands cuts
To understand what rates will be, the question is which reference value is in place and how much is added. The Bank of Canada updates their Interest Rate data each business day. The Canadian government fully guarantees investments in the Canadian treasury. We apply the interest rate to an FRN's par amount daily. The aggregate interest earned to date on an FRN accumulates every day. The spread plus the index rate equals the interest rate. Related...