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The Latest Breaking News from Interest Rates

Bank of England boss answers YOUR questions as interest rate is raised again

Andrew Bailey answers a series of questions as readers face an uncertain future amid financial turmoil

Daily Mirror

How Bank of England interest rates will impact Northern Irish borrowers

It is the 12th time that the Bank of England has raised interest rates since 2021

Belfast Live

OPINION - Interest rates rise for 12th successive time as inflation gets sticky

Today’s Monetary Policy Report from the Bank of England was a little like the weather: a bit of sunshine, some very dark clouds, but mostly everyone wondering when things will get better.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Considering a CD for your savings? See where rates are headed.

The top CD rates are already paying 5% or more.

Fortune

Bank of England interest rate rise: why this could be the last increase for a while

The Bank of England has increased its benchmark interest rate to 4.5% – the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008.

The Conversation

US wholesale price data for April points to easing inflation pressures

Wholesale prices in the United States decelerated last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates

The Independent UK

TransUnion report shows that more Americans are leaning on credit amid high inflation

TransUnion’s Quarterly Credit Industry Insights Report (CIIR) shows that credit card balances remain near record highs at $917 billion as consumers turn to credit products to cover rising costs.

Fortune

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Bank of England lifts interest rates again as food prices stay higher for longer

Central bank economists also released a record upgrade to their economic growth expectations

Insider UK

'Tory mortgage crisis hits millions' as interest rates hiked to 15-year high

THE Bank of England has raised interest rates for the 12th time in a row to its highest level since 2008 ...

The National (Scotland)

Bank of England raises interest rates for 12th time in a row

The Bank of England (BoE) has announced it will raise interest rates from 4.25 per cent to 4.5 per cent.

Manchester Evening News

The Bank of England has raised interest rates to 4.5% from 4.25%

It is the 12th consecutive increase in rates

Wales Online

Bank of England raises UK interest rates to 4.5%

Latest 0.25 point hike marks 12th rise in a row as Bank battles stubbornly high inflation

The Guardian - UK

Bank of England raises interest rates for 12th consecutive time to curb rising inflation

Base rates hit 4.5% for first time since 2008

The Independent UK

Peter Dutton accuses Albanese government of fuelling inflation in budget reply speech

Peter Dutton uses his budget reply speech to lay the blame for any future increase to interest rates at the feet of the Albanese government.

ABC News

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The Independent UK

Why are interest rates going up – and how does raising them help inflation?

The Bank of England has hiked the interest rate to 4.5%

The Independent UK

Interest rates – live: Mortgage warning as Bank raises rates to highest level since 2008

Experts have warned the rise will affect the property market, with lenders already raising their rates

The Guardian - UK

Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5% – business live

BoE governor Andrew Bailey predicts inflation will have halved by the end of this year, thanks to falling energy bills

Evening Standard

FTSE 100 Live: Bank of England raises rates; FTSE closes at 7731

UK GDP fell by 0.3% in March, but that wasn’t enough to prevent the economy from growing over the quarter, the Office for National Statistics revealed today.

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The Independent UK

Bank of England set to raise UK interest rates to highest level since 2008

The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point…

Evening Standard

Interest rates expected to rise to their highest level since 2008

It would be the 12th consecutive time policymakers at the Bank of England have raised rates

Manchester Evening News

What time Bank of England interest rates announcement is today and how it could affect you

The interest rate could change again significantly this afternoon

Wales Online

Interest rates to rise today to highest level in 15 years

It will be the 12th consecutive increase in the cost of borrowing - including mortgages

Reason

The Debt Ceiling Fight Is a Reminder of America's Dire Fiscal Future

The longer we wait to address our debt, the more painful it will be.

The Guardian - UK

1.5m UK homeowners on variable rate mortgages face new borrowing rise

Poll of City analysts shows unanimous expectation of Bank of England raising interest rates to 4.5%

The Independent UK

Martin Lewis issues warning ahead of latest interest rates announcement

Banks now offering customers 14-year high interest of nearly 5 per cent on their savings

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