The Latest Breaking News from Interest Rates

Fed leaves US rates unchanged but ‘long way to go’ in inflation battle

Central bank maintains benchmark federal funds rate but chair Jerome Powell leaves door open to further increases

The Guardian - US · Nov 1, 2023

The Fed held interest rates steady — but the fight against inflation is not over yet

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

WEKU · Nov 1, 2023

Mexico to give interest subsidies, but no loans, to Acapulco hotels destroyed by Hurricane Otis

The Mexican government says it will pay half of interest rates on bank loans to rebuild the 377 hotels destroyed or heavily damaged by Hurricane Otis

The Independent UK · Nov 1, 2023

Stock market today: Asian shares track Wall Street gains ahead of Fed decision on interest rates

Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month

The Independent UK · Nov 1, 2023

Reserve Bank will have to raise interest rates again because inflation still too high, IMF says

Fund recommends further monetary tightening by RBA to ensure Australia’s price rises return to target range by 2025

The Guardian - AU · Nov 1, 2023

IMF urges higher interest rates to control inflation

An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.

AAP · Oct 31, 2023

Dollar Strengthens as Yen Tumbles after Dovish BOJ Outcome

The dollar index (DXY00 ) Tuesday rose by +0.50%. Weakness in the yen supported the dollar as the yen Tuesday tumbled to a 1-year low against the dollar after the BOJ maintained record low-interest rates and reaffirmed its bond-buying program. Also, weaker-than-expected Eurozone economic news weighed on the euro to...

Barchart · Oct 31, 2023

Stocks Rally Off Morning Lows

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. Stock indexes this afternoon are higher despite uneven corporate...

Barchart · Oct 31, 2023

The Era of Super-Low Interest Rates Could Be Over: The Kiplinger Letter

We’re likely never going back to the historically low rates that prevailed in late 2019 and early 2020.

Kiplinger · Oct 31, 2023

Stocks Little Change after Mixed Corporate News and Weak Economic Reports

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.02%. Stock indexes this morning are mixed on uneven corporate...

Barchart · Oct 31, 2023