The Latest Breaking News from Interest Rates

Canada's Alberta province forecasts C$12.3 billion budget surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economic risks are increasing as high inflation, rising interest rates and geopolitical unrest slow global activity.

Reuters · Nov 24, 2022

UK workforce exodus could force BoE to raise interest rates, says chief economist

Departure of more than 500,000 workers since Covid risks stoking inflation, says Huw Pill

The Guardian - UK · Nov 23, 2022

Best first-time buyer mortgages available right now – June 2025

Buying your first property is an exciting but expensive life event which is why it is crucial that you get the best first-time buyer mortgage to suit your needs

Ideal Home · Nov 23, 2022

New Zealand hikes interest rate to 4.25% to fight inflation

New Zealand’s central bank has hiked interest rates by a record amount as it tries to get inflation under control

The Independent UK · Nov 23, 2022

How to get a credit card advance

A cash advance can be useful if you need cash right away but you may face a 25% to 27% interest rate.

Fortune · Nov 22, 2022

Michael Pascoe: Interest rates won’t work like they used to

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

The New Daily · Nov 22, 2022

Not Just Another Recession

Why the global economy may never be the same.

Foreign Affairs · Nov 22, 2022

2023 will be a very difficult year, OBR member warns MPs

David Miles said the impact of rising interest rates and inflation will cause pressure next year but they are predicted to turn a corner in 2024.

The Independent UK · Nov 22, 2022

More feel poor as cost of living bites

Soaring inflation and rising interest rates are damaging Australia's sense of community and could put the nation's resilience at risk.

AAP · Nov 22, 2022

OECD forecast: High rates and inflation to slow world growth

Hobbled by high interest rates, punishing inflation and Russia’s war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023

The Independent UK · Nov 22, 2022