The Latest Breaking News from Interest Rates

The Scottish economy is forecast to shrink by 0.7% in 2023.

Inflation needs to be brought under better control before the Federal Reserve starts reversing its monetary policy of boosting interest rates, a Miami-based regional executive with the Federal Reserve Bank of Atlanta said Tuesday, during a regional economic summit at Key Biscayne.

But the EY Item Club Scotland forecast said interest rates could be cut later this year, providing a boost.

The notoriously boom and bust technology sector has been bleeding workers in 2023 as rising interest rates and falling demand hit hard.

'The invasion of Ukraine and the associated shift in macroeconomic conditions, especially the rise in inflation and in interest rates, has completely altered conditions in the [housing] market'

The official measure of inflation falls for the second month in a row, easing pressure on the Reserve Bank to hike interest rates next week.

Volumes have soared with bottom fishers expecting gains through the residual value of sunken financial stocks Credit Suisse (CS), First Republic (FRC), and Silvergate (SI). However, with deflating asset prices amid increasing interest rates, it would be wise to avoid them altogether. Continue reading….

High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.

A look at the various US Treasury futures tells us a lot about what to expect with interest rates, the overall economy, and where the US is in a normal economic cycle.