The Latest Breaking News from Interest Rates

Increases in interest rates and living costs mean buying a home remains unaffordable for many people

Treasurer Jim Chalmers is adamant that his budget will not make inflation worse and force the Reserve Bank's hand on interest rates — but economists are divided, with some saying it paves the way for a rate hike in the coming months.

Asia and the Pacific remains a dynamic region despite the challenging year for the world economy.

Economist Hyman Minsky warned in 1986 that rising debts and speculative bubbles would eventually collapse. Today's economists fear he might be right.

Apple (AAPL) is the world’s top technology company with the largest market cap. Apple shares reached a record high in January 2022 and corrected over 32% to a bottom in January 2023. The one-year correction came as U.S. interest rates exploded higher, and the U.S. dollar index reached the highest…

Higher interest rates are beneficial for the financial industry. However, not all financial companies can capitalize on the current interest rate environment. Given the lingering macroeconomic concerns, it could be wise to avoid fundamentally weak financial stocks BRP Group (BRP), Forge Global Holdings (FRGE), and Argo Blockchain (ARBK). Read more….

Think a high-yield savings account is a good idea? Don’t forget taxes on savings account interest.

It had been thought that rates had peaked, but continued increases in food prices have kept inflation stubbornly high

Economists think the Bank of England could raise interest rates by a further 0.25 percentage points on Thursday