The Latest Breaking News from Interest Rates

Lenders cut fixed rates as Reserve Bank decision looms

More than 10 lenders have cut fixed interest rates in the past 10 days, with ING moving to slash its offerings ahead of the Reserve Bank's next interest

The New Daily · Mar 30, 2023

No economic growth forecast until next year as outlook ‘exceedingly uncertain’

The Scottish economy is forecast to shrink by 0.7% in 2023.

The Independent UK · Mar 29, 2023

Stubborn inflation, tight labor market quite challenging, Miami Fed exec says

Inflation needs to be brought under better control before the Federal Reserve starts reversing its monetary policy of boosting interest rates, a Miami-based regional executive with the Federal Reserve Bank of Atlanta said Tuesday, during a regional economic summit at Key Biscayne.

Miami Herald · Mar 29, 2023

Scottish economy will not return to growth until 2024, experts warn

But the EY Item Club Scotland forecast said interest rates could be cut later this year, providing a boost.

The Independent UK · Mar 29, 2023

Mass exodus at tech firms after boom time

The notoriously boom and bust technology sector has been bleeding workers in 2023 as rising interest rates and falling demand hit hard.

The New Daily · Mar 29, 2023

Housing market 'completely altered' as first quarter prices fall for the first time in decade

'The invasion of Ukraine and the associated shift in macroeconomic conditions, especially the rise in inflation and in interest rates, has completely altered conditions in the [housing] market'

Dublin Live · Mar 29, 2023

Inflation keeps falling, increasing chances of a Reserve Bank interest rate pause

The official measure of inflation falls for the second month in a row, easing pressure on the Reserve Bank to hike interest rates next week.

ABC News · Mar 29, 2023

Why These 3 High Volume Financial Stocks Are Not Worth Buying

Volumes have soared with bottom fishers expecting gains through the residual value of sunken financial stocks Credit Suisse (CS), First Republic (FRC), and Silvergate (SI). However, with deflating asset prices amid increasing interest rates, it would be wise to avoid them altogether. Continue reading….

StockNews.com · Mar 28, 2023

The best ways to invest your cash as interest rates keep climbing

High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.

Fortune · Mar 28, 2023

What US Treasury Futures are Telling Us

A look at the various US Treasury futures tells us a lot about what to expect with interest rates, the overall economy, and where the US is in a normal economic cycle.

Barchart · Mar 28, 2023