The Latest Breaking News from Interest Rates

Looking back at Mark Carney's Bank of England career as he takes over from Justin Trudeau

Mark Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with the US

Evening Standard · Mar 10, 2025

Jerome Powell says the ‘net effect’ of the Trump administration’s policies on trade, immigration, fiscal policy, and regulation will determine interest rates in the future

The Fed chair reassured an audience at the University of Chicago the economy was in a “good place” despite “elevated uncertainty.”

Fortune · Mar 8, 2025

Dollar Slips on a Dovish US Feb Payroll Report

The dollar index (DXY00 ) Friday fell by -0.20% and posted a 4-month low. The dollar has fallen every day this week and remains under pressure due to the negative impact of US tariffs on the US economy. Losses in the dollar accelerated Friday on the dovish US Feb payroll...

Barchart · Mar 7, 2025

Dollar Extends This Week’s Losses as the Euro and Yen Advance

The dollar index (DXY00 ) today is down by -0.44%. The dollar extended this week’s slide to a 4-month low. The dollar is under pressure because of the negative impact of US tariffs on the US economy. Also, the strength of the euro weighed on the dollar after EUR/USD today...

Barchart · Mar 6, 2025

ECB cuts rates again and warns trade war fears are hurting Europe’s economy

Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to US

The Guardian - UK · Mar 6, 2025

From the perils of defaulting to the benefits of budgeting – your credit score questions answered

Worried your credit rating is holding you back? Allow Equifax credit analyst Kamini Patel to level up your knowledge and help get your finances back on track

The Guardian - UK · Mar 6, 2025

Business group slashes UK growth forecasts for the “long and challenging" year ahead

BCC economists expect inflation and interest rates to stay higher than previously forecast

Evening Standard · Mar 6, 2025

Revelations in minutes of interest rate drought breaker

Minutes from the Reserve Bank meeting that finally lower interest rates shows board members responding to signals from recent trends in two key areas.

AAP · Mar 3, 2025

Get paid to move banks: Best current account switch rewards with one offering £175 in April

As well as cash you might get access to a much better savings rates if you switch banks

The Independent UK · Mar 3, 2025

Business outlook brighter but red tape chafes operators

Optimism has risen among small business owners, buoyed by the prospect of lower interest rates and holding out for tax and regulatory reform at the election.

AAP · Mar 3, 2025