Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.

NEW YORK, Sept 26 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday his bank is launching a new panel with private market participants on the reference rates markets ...

FASB issued guidance Thursday that is designed to clarify which derivatives are eligible for certain optional expedients and exceptions under the board’s new standard that creates accounting relief ...

FASB issued a proposal Thursday that is intended to clarify the scope of the board’s guidance on reference rate reform. In March, FASB issued Accounting Standards Update No. 2020-04, Reference Rate ...

The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand. Derivatives giant CME Group has confirmed plans for a new daily US dollar ...

LONDON--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration ...

SHANGHAI/SINGAPORE, Feb 19 (Reuters) - China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks' improving net interest margins give authorities ...

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China’s central bank has cut ...

The Ghana Reference Rate (GRR), a key benchmark used by commercial banks to price loans, has dropped significantly for December 2025. Data from the Ghana Association of Banks shows the rate has fallen ...