The Latest Breaking News from Interest Rates

With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.

Yes, Boomers’ interest rates were higher, but the cost of housing was much, much lower and disposable income was not as low.

The Fed’s target of bringing inflation to 2% could see dramatic change in tumultuous aftermath of Silicon Valley Bank collapse

Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.

With inflation still alarmingly high, the Fed is poised to raise interest rates further. This is predicted to keep the stock market volatile. Amid this, investors should focus on their long-term strategies and buy fundamentally strong stocks Visa (V), Pfizer (PFE), and Molina Healthcare (MOH), which have solid growth potential.…

Following Fed Chair Jerome Powell’s testimony on monetary policy last week and February’s job report showing more job creation than expected, the probability of the Fed increasing interest rates have risen. However, given the rosy long-term prospects of the tech industry, fundamentally strong stocks Fortinet (FTNT), Teradata (TDC), and Box…

President Biden urged calm as markets roiled over the collapse of Silicon Valley Bank. After the FDIC takeover, customers of the bank have full access to their deposits.

If the Reserve Bank of Australia (RBA) wanted an excuse to end interest rate hikes, the collapse of two US banks just gave it one.

Asian shares have fallen as investors around the world watch to see what's next following the second- and third-largest bank failures in U.S. history