The Latest Breaking News from Interest Rates

City predicts 5% interest rates by August after double-digit inflation shock

Today’s disappointingly small drop inflation sent economists scrambling to revise their forecasts

Evening Standard · Apr 19, 2023

How inflation drop to 10.1% will impact your household budget, savings and mortgages over next few weeks

Inflation remains higher than experts predicted as food and drink prices continue to soar.

Daily Record · Apr 19, 2023

Loan demand unfazed by rising interest rates

Rising interest rates have not yet affected domestic loan demand despite corporate loans slowing because of the global economic outlook, according to the Bank of Thailand.

Bangkok Post · Apr 18, 2023

Bank Failures: How Bank Management Got Here and What We’ve Learned

For most people — from casual observers to financial market news junkies — the recent demise of a duo of regional U.S. banks has been a shock. Concerned citizens have wondered aloud.

Kiplinger · Apr 17, 2023

Stay Away From These 3 Sinking Stocks

Worries about weaker energy demand due to resurfacing threats of recession, spurred by rising interest rates, might jeopardize the energy drilling sector’s growth. Amid this, it could be wise to stay away from sinking stocks such as Valaris (VAL), Transocean (RIG), and Diamond Offshore Drilling (DO). Continue reading….

StockNews.com · Apr 17, 2023

3 of the Worst Stocks on Wall Street Right Now

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

StockNews.com · Apr 17, 2023

JPMorgan, Citigroup and Wells Fargo reap gains from rates roiling small banks

JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. are reeling in windfalls from higher interest rates that upended smaller lenders last month.

Tribune News Service · Apr 14, 2023

JP Morgan ready for more banking turmoil as profits jump 52%

Chief executive Jamie Dimon upbeat as bank’s earnings benefit from rise in US and global interest rates

The Guardian - UK · Apr 14, 2023

Recession or not, UK weakness is inevitable

City Voices: A weaker economy is needed for inflation to fall

Evening Standard · Apr 14, 2023

Bank bosses are hiding $600 billion in unrealized losses to keep their mega bonuses. Here’s why portfolio securities should be marked to market

It's time for regulators to require that all securities be marked to market and reflected in banks' income, without resorting to clumsy exceptions.

Fortune · Apr 14, 2023