The Latest Breaking News from Interest Rates

Mortgage misery as Bank of England hikes interest rates to a 14-year high

Double whammy as average council tax bill to pass £2,000 for the first time

The Independent UK · Mar 23, 2023

Bank of England raises interest rates to 4.25%

The UK’s central bank announces 11th consecutive interest rate increase as it focuses on fighting inflation.

Al Jazeera · Mar 23, 2023

OPINION - Interest rate rises are a blunt tool – but we haven’t thought of anything better

I would ban all open letters. Don’t write one and never put your name to someone else’s. Open letters are petitions that went to Oxbridge and goad you into asking which college they attended. But there is one example I hold in particularly low regard: the exchange of letters between…

Evening Standard · Mar 23, 2023

How US Federal Reserve's decision to raise rates may impact India

NEW DELHI: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks.

The Times of India · Mar 23, 2023

Expert warns Bank of England interest rate rise will affect more than a million homeowners

It's the 11th consecutive time that interest rates have been increased - and it's bad news for the property market

Manchester Evening News · Mar 23, 2023

3 High-Quality Stocks to Add to Your Watchlist Now

Despite the bank failures, the Fed will likely keep raising interest rates to bring inflation down. This is expected to keep the stock market under pressure. Amid this backdrop, it could be wise for investors to add high-quality stocks Visa (V), Amgen (AMGN), and Box (BOX) to their watchlist. Keep…

StockNews.com · Mar 23, 2023

Interest rates rise to 4.25% - what does it mean for your money?

The Bank of England has increased the base rate for the 11th time in a row. We look at whether rates could rise further this year, and what the latest hike means for your mortgage and savings

The Money Edit · Mar 23, 2023

OPINION - The Standard View: As the capital’s income tax bill hits £50bn, Londoners are feeling the pinch

Interest rates are an inherently blunt tool — they come with unfortunate and imprecise time lags. But they remain our best device for bringing inflation down, contributing to economic stability and ultimately prosperity.

Evening Standard · Mar 23, 2023

What the Bank of England's rise in interest rate means for you and your money

The UK's interest rate has been risen up for the 11 consecutive time in a bid to drive down inflation

Manchester Evening News · Mar 23, 2023

Bank raises interest rates again, alongside upgraded economic forecast

The UK economy is expected to grow slightly between April and June, revising a previously forecasted drop

Insider UK · Mar 23, 2023