The Latest Breaking News from Interest Rates

New York Fed President Says Inflation Is Still 'Too High,' Work Isn't 'Nearly Done'

John Williams said interest rates should keep a restrictive stance for "quite some time.''

International Business Times · Nov 30, 2023

Stocks Mixed as Higher Bond Yields Weigh on Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.77%. Stocks this morning are mixed, with the Dow Jones...

Barchart · Nov 30, 2023

US Fed's Favored Inflation Gauge Slows In October

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.

International Business Times · Nov 30, 2023

Inflation has affected the UK, US and Europe differently – here's what this means for interest rates

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

The Conversation · Nov 29, 2023

Why the Fed should treat climate change's $150B economic toll like other national crises it's helped fight

Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.

The Conversation · Nov 29, 2023

US economic growth for last quarter is revised up to a 5.2% annual rate

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate

The Independent UK · Nov 29, 2023

Small Businesses Hit Extra Hard by Rising Interest Rates: The Kiplinger Letter

On average, small business owners are paying interest rates in the range of 9.1%, per the NFIB.

Kiplinger · Nov 29, 2023

UK mortgage approvals increase after interest rates held at 5.25%

Bank of England figures showed that 47,400 mortgages were approved for house purchases in October.

The Independent UK · Nov 29, 2023

Retirement Planning in a Time of Inflation and High Interest Rates

Today’s challenges make retirement planning even more complicated than usual, but it’s not all doom and gloom.

Kiplinger · Nov 29, 2023

Not Confident About Retirement Despite Financial Success?

You’re not alone. Uncertainty related to interest rates, government debt, long-term care and market volatility is making everyone uneasy. What can you do about it?

Kiplinger · Nov 29, 2023