The Latest Breaking News from Interest Rates

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of England’s 14-month campaign of base rate hikes.

Revised bets on interest rates in the UK and US today kept sterling under pressure.

The financial services industry is well-positioned for robust profitability and expansion thanks to sustained demand and widespread adoption of digital technologies. Moreover, financial institutions generally benefit from higher interest rates. So, let’s determine if you should buy, hold, or sell financial stocks Mastercard (MA) and Equifax (EFX). Read on to…

There were 69,940 so-called “fall throughs” in the three months to June, costing buyers a combined £237.4 million

December S&P 500 futures (ESZ23) are down -0.40%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.53% this morning as market participants continued to price in an extended period of elevated interest rates.

Soaring US bond yields are pressuring equities as markets digest the probability that interest rates will stay higher for longer.

Panel recommends actions to improve higher edu access for SEDGs, increase employability, ensure gender balance, develop degree courses in regional languages, diversify HEFA funding sources, review interest rates, and assess MEME system.

The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”

Amid the growing challenges of ratings downgrades by top credit rating agencies and higher deposit costs, it could be wise to look beyond borders and buy fundamentally strong foreign banking names Commerzbank (CRZBY), Intesa Sanpaolo (ISNPY), and Banco BBVA Argentina (BBAR), which have delivered impressive returns. Read more….