The Latest Breaking News from Interest Rates

Core US inflation rises to 40-year high, securing big Fed hike

WASHINGTON: A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation before it becomes entrenched.

The Times of India · Oct 13, 2022

US prices rise in September as midterm elections loom

Inflation rate stubbornness will likely spark a further increase to interest rates which could come in early November

The Guardian - US · Oct 13, 2022

Best saving accounts as Nationwide launches 8% deal

Although these rates are accurate as of the publication date, offers frequently change

Evening Standard · Oct 13, 2022

Cliff edge looms for UK’s financial system

BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in

The Guardian - UK · Oct 12, 2022

Survey: Fed’s inflation fight will take interest rates to highest since 2007

The Federal Reserve is expected to lift interest rates to the highest level since 2007 in its intense quest to battle the hottest price surge in four decades, according to the nation’s top economists.

Tribune News Service · Oct 12, 2022

SBI, HDFC offer home loans at 8.40% as part of festive sales

MUMBAI: Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 per cent as part of their festive offerings.

The Times of India · Oct 12, 2022

Economists fire back after Rees-Mogg tries to pin blame on others for mini-budget chaos

Senior Conservative says it was all down to Bank of England’s failure to raise interest rates in line with the US

Wales Online · Oct 12, 2022

3 Insurance Stocks to Buy and 1 to Sell Amid Higher Interest Rates

Although rising interest rates spell trouble for some sectors, the financial sector, including insurers, typically benefits from higher interest rates. Insurance stocks Intact Financial (IFCZF), The Hartford Financial Services (HIG), and Heritage Insurance (HRTG) are well-positioned to capitalize on the rising interest rate environment. So, these stocks could be great…

StockNews.com · Oct 12, 2022

Andhra Pradesh: SECM bats for loans to MSMEs at lower interest rates

Aim is to help the enterprises implement energy conservation and efficiency projects on a larger scale

The Hindu · Oct 12, 2022

Households struggling with mortgages 'might reach 2008 peak next year', Bank of England warns

The UK's central bank said households spending than 70% of their take-home pay on mortgages and other essentials could be hit hard by expected further increases in interest rates

Wales Online · Oct 12, 2022