The Latest Breaking News from Interest Rates

Swedish fintech Klarna is booming in Europe as shoppers turn to Buy Now, Pay Later products amid inflationary pressure and high interest rates.

The mortgage lender said soaring interest rates are offsetting the benefits of falling house prices and strong wage growth.

Chancellor says government must not alter course as interest rate rises add to cost of debt

From chip shops to tech start-ups, and even large, well-established companies, rising interest rates have had an impact right across the business world. After 14 consecutive base rate hikes by the Bank of England since 2021, this is causing particular problems for companies with a lot of debt.

Some Latin American countries are even cutting interest rates, and more central banks could follow in 2024.

"This is temporary. They paused and continued to cull their portfolio as they always have."

How to loosen the mortgage belt - even when interest rates are going up.

Credit card use amps up as consumers reckon with inflation and higher interest rates; 39% of Americans living paycheck-to-paycheck, study shows.

“It’s almost guaranteed to be wrong,” the GMO cofounder told Bloomberg of the Fed’s soft-landing forecast Thursday. “They have never called a recession.”

Bajaj Finance Ltd., one of India's leading non-banking financial companies has extended a big opportunity for individuals looking for substantial financial support. Read further on Dynamite news:

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.66%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.94%, both at 2-month lows. This morning, Stock indexes are under pressure as worries about China’s economy and higher global interest rates dampen market sentiment. Stock...