The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) on Tuesday fell by -0.22%. The dollar on Tuesday fell back from a 3-week high and posted moderate losses. Weaker-than-expected U.S. JOLTS job openings and factory orders reports knocked T-note yields lower and undercut the dollar. The dollar Tuesday initially rose on expectations for the...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.10%. U.S. stock are moderately lower on concern about the...

U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates

Interest rates will force another round of painful mortgage bill hikes to ensure inflation keeps falling from 30-year highs, Philip Lowe says.

Australians are waiting to see how much more they will pay for essential goods and services like food after the Reserve Bank's decision to hike interest rates for the 11th time.

The Reserve Bank has resumed heaping pain onto Australian home owners, raising interest rates in May for the eleventh time in a year.

In a decision reached at its meeting today, Australia’s reserve bank will lift interest rates, causing further strain to borrowers

The RBA has dashed hopes of another pause in interest rates, resuming hikes in May amid fears inflation - though slowing - is still too high.

The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken pains to assure the public that the US banking system is sound, it is unclear why anyone should believe them. After all, Fed Chair Jerome…

The increase lifts the cash rate to 3.85 per cent.

The dollar index (DXY00 ) on Monday rose by +0.50% and posted a 1-week high. Higher T-note yields Monday were supportive of the dollar. Also, expectations for the Fed to raise interest rates by 25 bp at Wednesday’s FOMC meeting are positive for the dollar. In addition, weakness in the...