The Latest Breaking News from Interest Rates

Jeremy Hunt plays down tax cut plans despite lower borrowing than expected

Chancellor says government must not alter course as interest rate rises add to cost of debt

The Guardian - UK · Aug 22, 2023

How rising interest rates are affecting UK businesses

From chip shops to tech start-ups, and even large, well-established companies, rising interest rates have had an impact right across the business world. After 14 consecutive base rate hikes by the Bank of England since 2021, this is causing particular problems for companies with a lot of debt.

The Conversation · Aug 21, 2023

Central Banks Near End of Rate-Hike Cycle: Kiplinger Economic Forecasts

Some Latin American countries are even cutting interest rates, and more central banks could follow in 2024.

Kiplinger · Aug 21, 2023

Markets Today: Stocks Retreat Amid China Woes and Soaring Bond Yields

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.66%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.94%, both at 2-month lows. This morning, Stock indexes are under pressure as worries about China’s economy and higher global interest rates dampen market sentiment. Stock...

Barchart · Aug 18, 2023

Fitch Flags Major Credit Risks Amid Sticky Inflation And High Interest Rates: Bond Market Turmoil Persists

Fitch Ratings emphasizes that the foremost concern for the global credit landscape remains centered on persistently high inflation

Zenger · Aug 18, 2023

S&P Futures Tick Lower on China Woes, Fed Concerns

September S&P 500 futures (ESU23) are trending down -0.22% this morning after three major U.S. benchmark indices closed in the red on Thursday as market participants digested another round of resilient economic data that heightened concerns about the possibility of interest rates remaining higher for longer, while worries about China…

Barchart · Aug 18, 2023

Stock market today: Asian shares mostly decline after Wall Street drops on higher bond yields

Asian shares have slipped as rising yields in the bond market on Wall Street set off expectations that high interest rates would continue in the U.S. Benchmarks fell in Tokyo, Hong Kong, Shanghai and Seoul, and were little changed in Sydney

The Independent UK · Aug 18, 2023

UK retail sales fall by 1.2% in July as bad weather and interest rates deter shoppers

The fall was much worse than expected by analysts

Evening Standard · Aug 18, 2023

Do CDs make sense for your portfolio?

Despite higher rates than in decades past, CDs may only make sense for some.

Fortune · Aug 17, 2023

Bond Yields Highest Since 2008

The yield on the 10-year Treasury increased 1.6 basis points to reach 4.258% on Wednesday afternoon, up from 4.22% on Tuesday. This is the highest level it had been since June 13, 2008.

Kiplinger · Aug 17, 2023