The Latest Breaking News from Interest Rates

Reserve Bank governor Philip Lowe says he will keep lifting interest rates but the pace will soon slow down and he is confident the economy can absorb the rises.

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

Labour market figure will be watched by economists as a guide to Reserve Bank’s decision on whether to further raise interest rates

SET-listed Bangkok Airways (BA) kicked off trading on Wednesday of its real estate investment fund on the Stock Exchange of Thailand, offering a first-year return of up to 8% during a period of low interest rates and high inflation.

This year has been brutal for SoFi Technologies Inc (NASDAQ: SOFI) and other lenders, as investors grow increasingly concerned about the negative impact rising interest rates will have on lending, margins and revenue growth.

The RBA review will investigate how governments can work with the central bank to manage fallout of soaring inflation rising interest rates.

MPC members will look at other developments in UK and abroad in mission to increase interest rates

All three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.

As inflation remains elevated, the Fed will likely raise the interest rates by another 75 basis points next week. This could induce further volatility in the market. So, we think investing in quality leisure stocks Playa Hotels & Resorts (PLYA) and Accel Entertainment (ACEL) could be wise. Read more.