The Latest Breaking News from Interest Rates

Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.

WASHINGTON — Hot inflation data could lead the Federal Reserve to raise interest rates to higher levels and at an accelerated pace, Federal Reserve Chairman Jerome Powell told the Senate Banking Committee on Tuesday.

The Fed is committed to bringing inflation down by raising interest rates aggressively. This could keep the stock market under pressure in the near term. Given their strong fundamentals and growth prospects, this could be the opportune time for investors to buy high-quality stocks Cisco Systems (CSCO) and Autodesk (ADSK).…

‘Ultimate level’ of interest rates likely higher than anticipated, Jerome Powell says in Fed’s monetary policy report to Senate panel

After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

For the first time, Powell suggested the Fed could revert to a faster pace of hikes.

As the Federal Reserve continues to increase interest rates, borrowers may find that they’re paying more for their debts or perhaps missing out on opportunities to boost their savings with better rates

Catherine Mann concerned firms could take advantage of people’s willingness to tolerate higher prices

The RBA governor has ditched his hawkish tone and the odds now seem to favour just one more rise, probably in April – but that could change

U.S. payroll growth has topped estimates for 10 straight months in the longest streak in decades, a trend that, if extended, will boost pressure on the Federal Reserve to keep raising interest rates.