The Latest Breaking News from Interest Rates

TSB faces court hearing as 27,000 mortgage customers may be due compensation

The high street banking giant has agreed to a court hearing next year over the case which relates to thousands of customers who claim to have been trapped on high interest rates following the Northern Rock collapse

Daily Mirror · Apr 12, 2023

BoT to continue with gradual approach

Bank of Thailand policy makers backed continuing their gradual and measured approach as they raised interest rates last month, minutes of their meeting showed, citing risks that inflation could stay higher for longer than expected.

Bangkok Post · Apr 12, 2023

The IMF has painted a grim picture of the world economy. What does it mean for Australia?

Australian economists say the IMF outlook supports their case for a soft landing after the rapid rise in interest rates

The Guardian - AU · Apr 12, 2023

3 Stocks Investors Should Avoid Consuming

Still-elevated inflation and rising interest rates have resulted in a significant pullback in consumer spending. Amid a challenging economic backdrop, it could be wise to avoid fundamentally weak consumer goods stocks PLBY Group (PLBY), Vinco Ventures (BBIG), and AquaBounty Technologies (AQB). Read more….

StockNews.com · Apr 11, 2023

IMF: Prolonged high inflation dims outlook for world economy

The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks

The Independent UK · Apr 11, 2023

Bristol-based finance firm reports growth in SME lending

Ultimate Finance has said its has seen a rise in new business despite the uncertain economic outlook and higher interest rates

Birmingham Post · Apr 11, 2023

TechScape: The end of the ‘free money’ era

In this week’s newsletter: From massive venture capital investment to sky-high salaries, the days of constant growth backed by low-cost loans may be over

The Guardian - UK · Apr 11, 2023

When will interest rates start to fall? New IMF prediction is good news for homeowners

In a new glimmer of hope, the International Monetary Fund (IMF) this week said interest rates in major economies are expected to fall back to pre-pandemic levels

Daily Mirror · Apr 11, 2023

UK on track to be worst-performing G7 economy this year, says IMF – as it happened

International Monetary Fund forecasts UK GDP will shrink by 0.3% in 2023, worse than other G7 countries

The Guardian - UK · Apr 11, 2023

Dollar Gains on Higher Bond Yields

The dollar index (DXY00 ) on Monday rose by +0.48%. The dollar Monday moved moderately higher on carryover support from last Friday’s stronger-than-expected U.S. March payroll report, which bolstered the outlook for the Fed to keep raising interest rates. Also, a slump in stocks on Monday boosted the liquidity demand...

Barchart · Apr 10, 2023