The Latest Breaking News from Interest Rates

Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts

Today's Reserve Bank rates decision is heralded by economists as its most important since Covid. An anticipated OCR hike will put new pressure on mortgaged homeowners in election year. Jonathan Milne reports.

The new rates will apply to loans taken out from July 1, 2023, through June 2024. They could mean paying thousands of dollars more in interest.

There's a looming debt crisis in many lower income countries. Low interest rates a few years back started the cycle. Then came a series of once in a generation shocks. Is there a solution?

JPMorgan's CEO has been consistent in his warnings about interest rates.

People are understandably nervous about the safety of their cash accounts. The three-bucket method helps you divide your funds based on when you’ll need to access them.

The Bank of England’s top economists faced questions on interest rates on Tuesday, 23 May.

The dollar index (DXY00 ) on Monday was unchanged. The dollar on Monday recovered from overnight losses and was little changed. Short-covering in the dollar emerged Monday morning after St. Louis Fed President Bullard said he favored two more 25 bp rate hikes this year. However, gains in the dollar...

Sales have slowed down among several major etailers as consumers cut back discretionary spending.

Kinsale Capital stock is hovering just below a buy point as it looks to capitalize on the Fed's recent interest rate hikes.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. U.S. stocks this morning are mixed, with the Nasdaq...