The Latest Breaking News from Interest Rates

Federal Reserve chairman Jerome Powell is raising interest rates at the fastest pace since the 1980s. That has been easy so far because rates are low and the economy has been strong.

The property market will continue to be challenged by inflation, higher development costs, and rising interest rates in the second half, which will take a toll on housing demand, says residential developer Frasers Property Home (Thailand).

Ahead of this week's anticipated interest rates hike, we discover which sunny suburbs are hardest hit by the property slump – and which ones are bucking the trend.

Promises of tax cuts from candidates to succeed British Prime Minister Boris Johnson pose another inflationary risk which could pressure the Bank of England to raise interest rates more aggressively, cancelling out any potential boost to the economy.

With stocks plummeting and interest rates rising, many investors expect a recession in the near future. So how can you prepare your portfolio for a possible downturn?

Thailand will only gradually increase interest rates to tackle rising inflation and ensure an uninterrupted economic recovery, while the central bank will let the baht move in line with market forces, Bank of Thailand Governor Sethaput Suthiwartnarueput said on Monday.

Financially, times are pretty tough — and they're not expected to get better any time soon. So, with millions of Australians feeling the pinch, how can we prepare for any financially tough times ahead? We asked three experts.

The 10-year Thai government bond yield increased by more than 100 basis points in line with the US 10-year treasury bond yield after the Federal Reserve hiked rates by 75 basis points at its meeting last month, driving public firms to issue debt to avoid financial costs from rising interest…

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen.

Asian markets rose Friday on easing recession fears, while there were growing hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods. Buying was also boosted by reports that Beijing was considering a huge stimulus shot to the struggling economy by allowing local governments to raise billions of…

Readers respond to our open letter to the RBA boss