The Latest Breaking News from Interest Rates

Interest rates – live: Mortgage holders under ‘storm clouds’ after Bank’s latest hike

Bank hits mortgage holders with extra 0.25 percentage point rise

The Independent UK · Mar 23, 2023

Mortgages set to cost more as interest rates likely to rise today after unexpected inflation surge

An unexpected rise in inflation means the measure is likely

Wales Online · Mar 23, 2023

UK interest rates raised to 4.25% by Bank of England, but inflation expected to cool – as it happened

UK central bank sets interest rates at 14-year high after inflation jumped to 10.4% in February

The Guardian - UK · Mar 23, 2023

Bitcoin price set to surge if Federal Reserve keeps rates steady

While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

Bangkok Post · Mar 22, 2023

ASX finishes lower after Federal Reserve hikes interest rates by 0.25 percentage points, Brickworks reports record half-year profit — as it happened

The ASX finishes lower at market close, off the back of the US Federal Reserve lifting interest rates for the ninth consecutive time. Look back at the day's events and insights as they happened with our business reporters on the ABC News markets blog.

ABC News · Mar 22, 2023

Powell stresses commitment to cooling prices as Fed hikes rates

The Federal Reserve raised interest rates at a ninth straight meeting and indicated there may be more hikes to come in a clear sign it’s confident that its bid to quell inflation won’t deepen a nascent banking crisis.

Tribune News Service · Mar 22, 2023

Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation

The Federal Reserve raised interest rates by a quarter-point on March 22, 2023, bowing to market expectations that it would temper its aggressive program of rate hikes amid a still-brewing banking crisis.

The Conversation · Mar 22, 2023

Fed Hikes Interest Rates Yet Again: What the Experts Are Saying

The Fed tweaked its hawkish policy on interest rates even as the fight against inflation took precedence over turmoil in the banking sector.

Kiplinger · Mar 22, 2023

Credit card debt is at record high as Fed raises rates again

As the Federal Reserve raises interest rates again, credit card debt is already at a record high, and more people are carrying debt month to month

The Independent UK · Mar 22, 2023

Federal Reserve raises interest rates by a quarter-point and calls banking system ‘sound and resilient’

The Federal Reserve raises the interest rate for the ninth consecutive time in an attempt to tamp down inflation while also dealing with multiple bank failures

The Independent UK · Mar 22, 2023