The Latest Breaking News from Interest Rates

Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said in a downgrade from its initial estimate

Lloyds Banking Group today revealed unchanged annual profits of £6.9 billion as the lender benefited from a year of rising interest rates.

Asian shares have fallen after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy

The RBA tells us the pain is only temporary and for the best, but it could be here for a while. Here’s why

Rises in interest rates are driving unemployment, low wages and poverty while the banks cash in, says campaigner Fran Boait

HSBC today moved to fend off pressure from one of its biggest shareholders to break up the group and return chunks of cash to investors.

Whenever interest rates went up in the past, I used to get told it wasn’t all bad news. At least it was good for some people: savers – people with money in the bank.