The Latest Breaking News from Interest Rates

‘It left me with nothing’: the debt trap of payday loans

Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states

The Guardian - US · Jun 2, 2023

What is behind a rise in evictions and what does it means for the rental sector?

No-fault evictions are on the increase even as the Government prepares to ban the practice.

The Independent UK · Jun 2, 2023

Barbara Corcoran says it’s a ‘good time to buy’ because home prices are going to ‘explode’ when mortgage rates drop

As a guest on Good Morning America, Barbara Corcoran spilled all her housing tips.

Fortune · Jun 2, 2023

Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened

Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation

The Guardian - UK · Jun 1, 2023

Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding

Sri Lanka’s Central Bank has reduced its interest rates for the first time since the island nation declared bankruptcy last year

The Independent UK · Jun 1, 2023

British Land to drop out of FTSE 100 in reshuffle but Ocado survives

Developer hit by higher interest rates and 2022’s mini-budget but online retailer buoyed by stronger sales at M&S

The Guardian - UK · May 31, 2023

Unexpected spike in London house sales as homemovers defy rising interest rates and a stagnant economy

London property sales were 10 per cent above average for May despite soaring interest rates, falling demand and pressure on prices

Evening Standard · May 31, 2023

UK and US poised to fall into recession as interest rates dampen growth

Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation

The Guardian - UK · May 31, 2023

4 Reasons Why You Should Consider Microlending To Fund Your Startup

Starting a business is an exciting yet often overwhelming process. From securing capital to market research and more, there are many critical elements that must be in place before you can open your doors and begin operations.

inkl · May 31, 2023

3 Stocks Investors Are Buying for Stability

The odds of a further rate hike in June have increased due to stronger-than-expected economic figures. With the stock market expected to remain highly volatile amid growing inflationary pressures and rising interest rates, investors could consider buying fundamentally sound, stable stocks Hitachi (HTHIY), Honda Motor (HMC), and HOYA (HOCPY) for…

StockNews.com · May 31, 2023