The Latest Breaking News from Interest Rates

Credit card interest rates have a way of grabbing your attention, especially when they’re hovering near historic highs and showing no signs of returning to the gentler levels of years past. Even with the Federal Reserve signaling a shift toward lower rates, the relief many consumers are hoping for simply…

Every once in a while, the financial world drops a headline that doesn’t make your stomach tighten or your pulse spike. Today is one of those rare days. According to TransUnion’s latest consumer credit forecast, credit card delinquencies are expected to remain flat in 2026. And in a world where…

Kevin Warsh, Trump's Federal Reserve chair nominee, faces a delicate balancing act, both political and economic.

Fresh data will reveal whether the strong momentum in private spending, which spurred the Reserve Bank to lift interest rates, has continued into 2026.

Welcome to the new year—it already has a price tag.

Although tech stocks and cryptocurrencies suffered recent falls, investors largely shrugged off geopolitical tensions

Savers can still get up to 4.5 per cent with an easy access saver

Property values jumped by 0.7% month-on-month typically in January, Halifax said.

Over the past three years, property prices have risen by 5.7 per cent, Halifax said

The dollar index (DXY00 ) rose to a 1.5-week high on Thursday and finished up by +0.23%. Thursday's stock selloff boosted liquidity demand for the dollar. Also, hawkish comments from Fed Governor Lisa Cook supported the dollar when she said she now sees "risks as tilted toward higher inflation." Gains...

Here, the Press Association examines what the decision means and what the Bank expects to happen to the economy.