The Latest Breaking News from Interest Rates

Australian workers’ living standards have been destroyed – and there is little good news ahead

While interest rates may have peaked, the labour market is fragile and the economy is set to slow even further

The Guardian - AU · Jul 17, 2024

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record

The Independent UK · Jul 17, 2024

UK Inflation Holds Steady At 2%, Rate Cut Possible

UK inflation remains at 2%, Bank of England faces decision on interest rates amid concerns of inflation resurgence.

Top News · Jul 17, 2024

UK interest rates will stay high unless service sector inflation falls, says IMF

Warning comes as Bank of England policymakers say price growth in service sector could become embedded

The Guardian - UK · Jul 16, 2024

Retail sales unchanged in June from May as inflation moderates

Shoppers paused their spending June from May as they deal with moderating inflation but still high interest rates that have made buying anything on credit more expensive

The Independent UK · Jul 16, 2024

Asian Traders Struggle To Match Wall St Record As Trump Odds Grow

Asian markets fluctuated Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at least once this year.

International Business Times · Jul 16, 2024

BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

The Guardian - UK · Jul 15, 2024

Why Did Americans Stop Caring About the National Debt?

Both parties—and the voters—are to blame for the national debt fiasco.

Reason · Jul 13, 2024

Australian dollar set to rise into 2025, experts say

With the US Federal Reserve now seen as likely to aggressively cut interest rates in 2024, the Australian dollar could reach 70 US cents.

AAP · Jul 12, 2024

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report

Asian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September

The Independent UK · Jul 12, 2024