The Latest Breaking News from Interest Rates

Bumper UK pay rises could be a thing of the past as inflation eases

Bank of England could hold interest rates steady despite markets’ expectations of cuts in new year

The Guardian - UK · Dec 12, 2023

Asia Tracks Wall St Rally Ahead Of Run Of Data, Fed Decision

Stocks tracked Wall Street higher and the dollar retreated Tuesday as traders awaited a bumper round of market-moving events, starting with the release of US inflation data later today.

International Business Times · Dec 12, 2023

US inflation eases to 3.1%; UK wage growth slows and vacancies drop – business live

US consumer prices rose at a slower rate last month, with energy costs dropping in a boost to America’s drivers

The Guardian - UK · Dec 12, 2023

Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts

With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring

The Independent UK · Dec 11, 2023

UK insolvencies rising due to high interest rates, says Begbies Traynor

Insolvency specialist recruits more staff as small businesses are hit by tough economic climate

The Guardian - UK · Dec 11, 2023

Needing to borrow money? Four tips on what's okay and what's not

It’s a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet.

The Conversation · Dec 11, 2023

Government debt now fastest-growing spending pressure

The federal government's debt bill is set to balloon as higher interest rates push up the cost of borrowing.

AAP · Dec 10, 2023

Education review released – as it happened

This blog is now closed.

The Guardian - AU · Dec 10, 2023

Bank of England, Fed and ECB poised to leave interest rates on hold

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

The Guardian - UK · Dec 10, 2023

US Fed Expected To Pause Again As Inflation Edges Closer To Target

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

International Business Times · Dec 10, 2023