The Latest Breaking News from Interest Rates

Eurozone inflation rises to 2.9% after increase in energy costs

December data comes amid speculation over when European Central Bank will cut interest rates

The Guardian - UK · Jan 5, 2024

Discover the Power of These 2 Bond ETFs for a Prosperous 2024

The Fed sees interest rates staying high for some time with cuts eyed in 2024, though the path is highly uncertain. Amid this, let’s explore the power of these best bond ETFs, Vanguard Total Bond Market ETF (BND) and iShares Core 5-10 Year USD Bond ETF (IMTB), for immediate diversification…

StockNews.com · Jan 5, 2024

Wharton’s Jeremy Siegel says the Dow could surpass 40,000—if the Fed doesn’t get in the way

If the Fed doesn't cut interest rates in January, they may have to lower it in their March meeting, Siegel said.

Fortune · Jan 5, 2024

UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters

The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters

The Independent UK · Jan 5, 2024

US Private Sector Hiring Up More Than Expected In December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

International Business Times · Jan 5, 2024

US Auto Sales Boosted By Price Cuts In 2023

US vehicle sales got a boost from strong demand in 2023, due in part to attractive offers by automakers and dealers in the face of high interest rates and stubborn inflation.

International Business Times · Jan 4, 2024

Mortgage market ‘heating up’ but homeowners still face ‘painful’ cost increase despite falling rates

The average rate on a two-year fixed mortgage deal has fallen from 5.92 per cent to 5.87 per cent

The Independent UK · Jan 4, 2024

Central banks should be fighting the climate crisis – here's why

Climate finance was a major focus at the recent COP28 summit, but one set of game-changing institutions remains largely missing in such conversations: central banks.

The Conversation · Jan 4, 2024

‘Sleepless nights’: UK homeowners fear 2024 mortgage timebomb

Some of those whose lower fixed deals will end tell of their fears at having to find hundreds of pounds extra each month

The Guardian - UK · Jan 4, 2024

Bank of England governor Andrew Bailey to be grilled on interest rate hikes' threat to UK financial stability

He and other members of the bank’s Financial Policy Committee will face questions from the Commons Treasury Committee

Evening Standard · Jan 4, 2024