The Latest Breaking News from Interest Rates

A scathing review of the Reserve Bank of Australia is set to deliver a shake-up of the central bank not seen in a generation. Here's what it means for interest rates, your mortgage, and RBA governor Philip Lowe.

A major overhaul of the Reserve Bank will see a new board for setting interest rates that's more accountable and holds fewer meetings.

The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster.

The Reserve Bank of Australia is facing a major overhaul that would change how interest rates are set after a review into its future.

Two separate boards will be responsible for governance and interest rates in a major overhaul in response to a review of the Reserve Bank of Australia.

Although utility stocks are a low-risk defensive investment option, rising interest rates make them less attractive. Given the possibilities of further interest rate hikes and a global economic slowdown this year, it could be wise to avoid fundamentally weak foreign utilities Emera (EMRAF), Algonquin Power & Utilities (AQN), and Fusion…

Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates.

Only businesses in the North West, Scotland and London less confident, due to inflation and high interest rates

First full review for decades recommends raft of changes including splitting the board into two to enable more focus on how interest rates are decided

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.57%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.78%. U.S. stock index futures this morning are moderately lower. Concern that stubborn inflation pressures will force central banks to keep raising interest rates is undercutting stock...

Today’s disappointingly small drop inflation sent economists scrambling to revise their forecasts