The Latest Breaking News from Interest Rates

The Capital One Discover merger reshapes the credit card landscape and could impact your credit card rewards, interest rates and card perks.

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

You can effectively lend money to the government - and be safely paid to do so over time

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to decrease considerably.

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

President amps up attacks against Jerome Powell, pushing him to lower interest rates to offset impact of tariffs

The president said the central bank should lower interest rates, but Powell demurred – and now Trump wants him out

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

Economists predict that the ECB will continue its rate-cutting cycle as global trade tensions rise and eurozone growth slows. Markets expect up to 75 basis points of easing by September, pushing the deposit rate down to 1.5%.