The Latest Breaking News from Interest Rates

Australia’s housing market has started falling from its pandemic highs, with property prices down 0.11 per cent in May amid rising interest rates.

A government which decides to borrow – either because it has programmed a budget deficit or needs to refinance maturing debts – faces two, non-mutually exclusive possibilities: borrow domestically in the local currency or borrow externally in a foreign currency.

Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest rates on the key 30-year home loan remain at decade-high levels

Standalone operators feel burden of rising interest rates and slowing growth as third big Australian bank enters BNPL scene

The market collapse isn’t just the inevitable result of macroeconomic forces like high interest rates and inflation. It’s also the best opportunity in more than a decade to reckon with the tech industry’s excess.

Carlos Tavares, CEO of Jeep maker Stellantis NV, on Tuesday warned that a recession could be disastrous for the automotive industry as economic policymakers increase interest rates to curb inflation.

Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which has reached a four-decade high

Money Saving Expert urges homeowners to ‘lock in’ cheap rates before payments become too expenive

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…