The Latest Breaking News from Interest Rates

Asian shares have advanced, cheered on by a stronger reading than expected on U.S. retail sales that set off a Wall Street rally

The Stock Exchange of Thailand (SET) extended its losses on Wednesday along with other Asian bourses after the US reported sticky inflation, increasing the likelihood the Federal Reserve will keep interest rates elevated.

U.S. retail sales rose in January by the most in nearly two years, signaling robust consumer demand that could bolster the Federal Reserve’s resolve to keep raising interest rates in the face of persistent inflation.

Still-elevated inflation and a robust job market will likely keep the Federal Reserve officials on track to raise interest rates in the upcoming months. Amid ongoing market uncertainties, investors could consider adding fundamentally sound stocks, Visa (V), Cigna Corp. (CI), and Molina Healthcare (MOH), to their portfolios for long-term returns.…

Money writer Linda Howard, answers your questions and comments on the impact of inflation on cost of living on February 16.

Philip Lowe tells Senate estimates interest rates will continue to rise, ‘but how far they need to go, we’re still unsure’

Philip Lowe tells Senate estimates that interest rates must keep rising to tame ‘corrosive’ inflation – and he is not resigning

Thailand's inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday.

The Reserve Bank governor has defended robust profits made by banks and says higher rates will eventually start eroding their earnings.

Inflation is dangerous, corrosive and hurts people, RBA governor tells Senate estimates

Reserve Bank boss Philip Lowe has revealed he's received a series of "disturbing" letters from families about their financial hardships.