The Latest Breaking News from Interest Rates

Even during a cost of living crisis, with interest rates and inflation high, the average spending per person for Christmas 2023 in the UK is expected to reach as much as £974. Retailers, advertisers and a sense of tradition continue to encourage us towards ever greater levels of consumption.

Asian markets pressed ahead with their rally Friday as another round of US data further stoked expectations that the Federal Reserve will cut interest rates more than it has indicated next year.

Interest rates are coming down in 2024, it’s just a question of how much and how fast. Investors at this point should shift their focus from inflation, as the Federal Reserve essentially has, to where we are, and what companies will benefit, in the current business cycle. The continued supply…

2023 has been a tough year for the global diamond industry. After a boom during the pandemic, prices of the precious stone have dropped significantly amid oversupply, higher interest rates and increasing competition from lab-grown gems. And starting on New Year's Day, EU members will no longer be allowed to…