The Latest Breaking News from Interest Rates

Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession. Brent crude futures were up $5.39, or 5.4%, at $106.08 a barrel by 12:23 p.m. EDT (1623 GMT). US WTI crude…

Domestic companies may sell a record amount of new bonds this year as they aim to lock in borrowing costs before any further increase in interest rates, according to the Thai Bond Market Association (TBMA).

Small businesses are struggling with record high costs while trying to remain competitive, as consumer confidence falls in response to inflation and rising interest rates.

Recession fears are beginning to create ripples in the Texas economy, especially in the pandemic-era hot housing market fueled by historically low interest rates.

ANZ has followed Commonwealth Bank in raising mortgage rates following the central bank's decision to lift the cash rate to 1.35 per cent.

We've just been hit with the third cash rate hike in three months. Here's what it all means.

There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much.

Here's your TL;DR for today's news.

Treasurer Jim Chalmers has conceded the cost-of-living crisis will get worse before it gets better after the RBA hiked interest rates by 50 basis points.