The Latest Breaking News from Interest Rates

US stock market hits new record ahead of interest rates decision

S&P 500 gains 0.3 percent ahead of US Federal Reserve’s latest decision on interest rates.

Al Jazeera · Jun 11, 2024

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

AAP · Jun 11, 2024

Stocks Settle Higher Ahead of the Tue/Wed FOMC Meeting

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stock indexes on Monday recovered from early losses and posted mild gains. The S&P...

Barchart · Jun 10, 2024

Jobs market put to test in sluggish economy

Economists expect another relatively robust jobs report for the month of May even as higher interest rates knock the economy around.

AAP · Jun 9, 2024

US adds 272,000 jobs as labor market holds unexpectedly strong

Figures show unexpected resiliency of job market as Fed keeps interest rates high try to tamp down 3.4% inflation

The Guardian - US · Jun 7, 2024

Housing market 'primed to surge' after election as interest rate cuts come into view

Is a ‘Starmer spurt’ on the way?

Evening Standard · Jun 7, 2024

CBI predicts Britain’s economy will see faster-than-expected growth as interest rates fall

The forecast sees the CBI giving a much rosier outlook than the Bank of England

The Independent UK · Jun 7, 2024

Dollar Slips as Hawkish Lagarde Boosts the Euro

The dollar index (DXY00 ) Thursday fell by -0.16%. Thursday’s US economic news weighed on the dollar after weekly US jobless claims rose more than expected, a dovish factor for Fed policy. Also, the US Apr trade deficit widened by the most in 1-1/2 years, a negative factor for the...

Barchart · Jun 6, 2024

ECB cuts interest rates for first time in almost five years

The European Central Bank has decided to lower its benchmark interest rates by 0.25 percent from a record high, effective June 12. However, the ECB also revised its outlook for the coming months and said it no longer believed inflation would hit its target of 2 percent this year, but…

France 24 · Jun 6, 2024

Dollar Finds Support on Higher T-Note Yields

The dollar index (DXY00 ) today is trading slightly higher on a rise in T-note yields. Gains in the dollar are limited after weekly US jobless claims rose more than expected, a dovish factor for Fed policy. Also, the US Apr trade deficit widened by the most in 1-1/2 years,...

Barchart · Jun 6, 2024