The Latest Breaking News from Interest Rates

House prices in Australia are dropping at their fastest since the global financial crisis — and market conditions are "likely to worsen" as interest rates continue to rise, according to property analytics firm CoreLogic.

Big corporations are using inflation as cover to raise prices. Yet the US Federal Reserve is raising interest rates – further hurting Americans

The real estate sector has been badly affected due to falling home sales amid rising interest rates and declining mortgage demand. Higher home prices and mortgage rates have taken a toll on consumer demand. Given this backdrop, we think it could be wise to avoid real estate stocks Fathom Holdings…

As the global south struggles to grapple with its debt pandemic, experts question the efficacy of the IMF’s conditional lending.

Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of the ruling coalition's most powerful figures to lead a new "superministry" on the same day the central bank hiked interest rates to 60%.

Neither has the first idea of what they’re doing. Truss’s proposal does little for those who need it, and Sunak’s is a desperate U-turn, says Larry Elliott, the Guardian’s economics editor

Dubai's biggest lender, Emirates NBD, posted on Thursday a jump of 42% in second-quarter net profit, boosted by higher income and lower impairments. Emirates NBD's net profit of 3.5 billion dirhams ($952.98 million) for the three months to June 30 was up from 2.46 billion in the year-earlier period. Net…

There are many indicators that the country is headed for a recession

The banking regulator warned the incoming Albanese government that it would face "heightened" risks in the housing market as interest rates rise, documents released under freedom of information show.