The Latest Breaking News from Interest Rates

RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.

Despite rising interest rates, the economy remains as robust as ever, with a five-decade low in unemployment rate and inflation far above the Fed's goals.

Financial companies usually benefit in a rising interest rate environment. With the Personal Consumption Expenditure (PCE) rising monthly and annually in January, the Fed is likely to keep raising interest rates until it achieves its 2% inflation target. Amid this backdrop, it could be wise to add financial stocks Visa…

Average credit card interest rates have increased. Here’s how to tell if you are getting a good APR.