The Latest Breaking News from Interest Rates

Russia’s central bank has cut interest rates back to their prewar levels

The Federal Reserve will be one step closer in the week ahead to ending its current cycle of raising interest rates.

Economists like to say interest rates take the elevator down and the staircase back up. The metaphor highlights just how swiftly the Federal Reserve slashes borrowing costs during economic crises — and how gradually the Fed lifts rates when the economy is healing.

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

The Tory Chancellor was accused of failing to get insurance against interest rates rising on £900bn of reserves. Downing Street said the claims were 'simply not true'

Market experts have reacted to the RBI repo rate revision.

Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of another currency crisis. No stranger to booms and busts as well as sharp swings in its currency, Turkey has long been considered among…

Staff across sectors from ­transport to telecoms asked for pay rises, but Boris Johnson claimed increasing salaries could force the Bank of England to up interest rates

One in four 2019 Conservative voters says he should have stepped down

The National Institute of Economic and Social Research said the Chancellor failed to insure against the risk of rising interest rates.

The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…