The Latest Breaking News from Interest Rates

US inflation dipped in July as Federal Reserve expected to cut interest rates

Prices rose at an annual rate of 2.9% in July, as inflation dipped below 3% for the first time since 2021

The Guardian - US · Aug 14, 2024

Here's how the Bank of England must handle rising inflation

City Voices: The MPC should be more worried about inflation falling below target

Evening Standard · Aug 14, 2024

Bank of England could still cut interest rates again despite rise in inflation

July fall in service sector and core inflation may open door for policymakers to make reduction

The Guardian - UK · Aug 14, 2024

JD Vance backs Trump's call for more political influence over the Fed

Ohioan senator JD Vance, argues monetary policy—which includes interest rates—should "fundamentally be a political decision."

Fortune · Aug 12, 2024

Battle against UK inflation is far from over, says Bank of England policymaker

Catherine Mann says Britain should not be ‘seduced’ by price rises easing to the BoE’s target

The Guardian - UK · Aug 12, 2024

Oil price rises for fifth day running amid Middle East tensions; Russian rouble hits three-month low – as it happened

Brent crude hits $80 as tensions betwen Israel and Iran rise, while rouble slides after Ukraine’s incursion into Russia

The Guardian - UK · Aug 12, 2024

Wages, job data in focus for clues on economy, rates

New data on wage growth and demand for workers will be in focus this week, as borrowers await clues on when the central bank might cut interest rates.

AAP · Aug 10, 2024

Best Stocks to Buy for Fed Rate Cuts

The Federal Reserve cut rates again at its December meeting, and lower borrowing costs could boost these large-cap stocks.

Kiplinger · Aug 10, 2024

With Mortgage Rates Dipping, Is Now a Good Time to Buy a House?

When mortgage rates dip, timing may be everything.

Kiplinger · Aug 9, 2024

A carry crash also kicked off the global financial crisis 17 years ago — here’s why it’s unlikely to get as bad this time

Many casual readers of the financial press will have learned a new term in the past few days: the “carry trade”. This is the culprit for the rollercoaster state of markets, many market commentators and journalists have opined.

The Conversation · Aug 9, 2024