The Latest Breaking News from Interest Rates

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The US trade gap narrowed in November as imports and exports both fell while higher interest rates bite, the government reported Tuesday.

Major Asian equity markets were trading lower after Wall Street logged its worst week in the past 10 on Friday

Property experts share their thoughts about the year ahead.

With house prices bottoming out and banks competing for fixed-rate mortgages, now could be the time to get on the property ladder or secure a better deal on your existing loan.

The dollar index (DXY00 ) on Friday increased slightly by +0.03%. The dollar Friday was whipsawed in volatile trade. The dollar climbed to a 3-week high Friday morning after the stronger-than-expected U.S. Dec payrolls report dampened expectations that the Fed would soon cut interest rates. However, the dollar gave up...

U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.

While growth has slowed, the labor force defied fears of a downturn amid highest inflation levels in a generation

U.S. banks are anticipated to face pressure due to prolonged high interest rates, elevated deposit costs, diminished credit demand, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Woori Financial Group (WF), Intesa Sanpaolo (ISNPY), and Shinhan Financial Group…