The Latest Breaking News from Interest Rates

Kiplinger Interest Rates Outlook: Long-Term Rates Still Facing Upward Pressure

The Fed suggests that it is not likely to cut rates further unless the jobs market weakens more.

Kiplinger · Nov 3, 2022

3 Vulnerable Stocks to Avoid Until Further Notice

The Federal Reserve recently approved a 75-basis-point rate hike for the fourth straight meeting, paving the way for interest rates to reach 5% by March 2023. With increasing borrowing costs and softening demand hurting high-debt businesses, it is likely to be a treacherous terrain for fundamentally weak stocks. Thus, it…

StockNews.com · Nov 3, 2022

Real estate market transitioning from 'seller to buyer' as Tasmania's property sales drop

Rising interest rates combined with growing cost of living expenses and slow wage growth are the main causes of the drop in sales, the Real Estate Institute of Tasmania says.

ABC News · Nov 3, 2022

US Stocks Open Lower; Nasdaq Drops 100 Points

U.S. stocks traded lower this morning, with the Nasdaq Composite dropping around 100 points on Thursday. The Federal Reserve, on Wednesday, raised interest rates by 75 bps.

Benzinga · Nov 3, 2022

Why does rising interest rates help reduce inflation?

The Bank of England says it’s' better for everyone in the long run' to have low and stable inflation

Manchester Evening News · Nov 3, 2022

Bank of England offers glimmer of hope on mortgages with 'lower than expected' forecast

Andrew Bailey today said interest rates "will have to go up by less than is currently priced in by financial markets" meaning "fixed rate mortgages should not need to rise as much as they have done"

Daily Mirror · Nov 3, 2022

BoE: Britain faces two-year recession

LONDON: The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989, but it pushed back against expectations for further steep hikes, saying Britain faces a painful recession that could last two years.

Bangkok Post · Nov 3, 2022

Martin Lewis issues new warning to everyone with a mortgage or savings account after interest rates rise

The Bank of England’s base rate has risen from 2.25% to 3%, its highest in 14 years.

Daily Record · Nov 3, 2022

Households ‘face double whammy of soaring interest rates and sky-high inflation’

A ‘toxic mix’ of high prices, falling real incomes, and soaring borrowing costs is battering household finances, experts said.

The Independent UK · Nov 3, 2022

With interest rates at 3% and fears of longest recession in 100 years, PM urged to get business basics right

Chamber boss: 'Investment intentions... are lagging significantly due to the low confidence affecting many firms right now'

Birmingham Post · Nov 3, 2022