The Latest Breaking News from Interest Rates

Experts have warned that Britain may be sliding into a recession as inflation continues to soar and the Bank of England is forced to raise interest rates for the fifth time

Economists say while property prices could come down by up to 20%, affordability has ‘never been worse’

Today's interest rates increase is expected to add around £21 a month - £252 a year - to the average repayments for a borrower with a £150,000 mortgage who is on their lender’s standard variable rate

Rising interest rates will only make it harder to balance the budget in future years.

Interest rates and servicing costs could push us into worrisome territory sooner than we think.

NEW DELHI: The government does not see any adverse impact on the Indian economy post the US Federal Reserve's decision to raise interest rates by 75 basis points, economic affairs secretary Ajay Seth said on Thursday.

The Federal Reserve and its Chair, Jerome Powell, raised interest rates by three-quarters of a percentage point on Wednesday, June 15th, 2022. The raise is the highest of its kind in nearly 30 years. Desperate times call for desperate measures, and The Fed is no exception, as it attempts to…

Putting yet more pressure on households struggling with the cost of living, mortgages are getting progressively more expensive

The Federal Reserve’s resolution to tame the surging inflation by increasing interest rates bodes well for financial stocks as a rising interest rate environment helps them grow their revenues. Wall Street analysts expect financial stocks Interactive Brokers (IBKR), PacWest Bancorp (PACW), and Signature Bank (SBNY) to rally more than 65%…