The Latest Breaking News from Interest Rates

Former Bank of England Governor says Brexit partly to blame for soaring interest rates

Mark Carney, who ran the central bank until March 2020, said the UK’s decision to leave the EU had devalued the pound which put upward pressure on inflation

Daily Mirror · Nov 4, 2022

Can Labor provide cost-of-living relief without feeding inflation and interest rates? An expert panel responds

Anthony Albanese says the government can’t afford to provide energy payments or other relief because to do so would put even more pressure on the RBA to raise interest rates – is he right? Three economists have their say

The Guardian - AU · Nov 4, 2022

Distressed housing sales rise as owners succumb to Australia’s rising interest rates

Buyers who overpaid for properties in boom market conditions now feeling the pinch, head of property investor group says

The Guardian - AU · Nov 4, 2022

House prices: Should I sell my home before property values plunge?

Prices are set to drop by 10 per cent next near, some estate agents warn as Bank set to hike rate again

The Independent UK · Nov 4, 2022

These 4 REITs May Be At Risk Of A Dividend Cut

Rising interest rates and sky-high inflation have caused the real estate market to cool rapidly as mortgage rates hover near decade highs. 

Benzinga · Nov 4, 2022

On the ballot in the US midterms: Economy

Rampant inflation and high interest rates have made the economy a pressing poll issue.

Al Jazeera · Nov 4, 2022

Mortgage repayment calculator: How much your monthly bill will be as interest rates soar

The Bank of England has pushed its base rate from 2.25 to three per cent - the highest for 14 years, leading to mortgage costs to soar. Here's how to check your monthly bill.

Glasgow Live · Nov 4, 2022

Five things we know about the economy as experts predict longest UK recession on record

Not everything is as bad as it has been feared but next year looks bleak

Wales Online · Nov 4, 2022

The Standard View: Governing is about choices, never more so than in tough times

The grim economic news keeps coming. Yesterday the Bank of England raised interest rates by 0.75 percentage points, its highest single hike in more than three decades. And that was just the start.

Evening Standard · Nov 4, 2022

Martin Lewis warns how much more you will have to pay on your mortgage after interest rate hike

The financial guru gave his advice after the Bank of England put up interest rates to 3% - those on variable and tracker rate mortgages are likely to be affected

Chronicle Live · Nov 4, 2022