The Latest Breaking News from Interest Rates

Mortgage rates shot up after Liz Truss's disastrous mini-Budget amid fears the Bank of England would hike interest rates to manage the flurry of unfunded tax cuts

The Bank of England has already increased interest rates and is expected to increase them further next week

Latest figures defy widespread predictions inflation would fall, as the central banks readies an ‘outsized’ rate hike

The Reserve Bank reveals its recent decision to slow down interest rate increases was "finely balanced" and explains the process by which it arrives at its monthly decisions.

Online banks have been increasing interest rates for savings accounts during most of the year, following the lead of the Federal Reserve to combat surging inflation with rising rates. But if your money is only earning the national average — or less — elsewhere, then you’re likely not maximizing your…

Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Upstart Holdings (UPST), and Marathon Digital (MARA) are not well-positioned to capitalize on the current interest rate environment. One should avoid…

Labour shortages are the number one concern for business leaders, closely followed by inflation and rising interest rates.

The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets

With markets, technocrats and voters on their backs, can politicians change anything?