The Latest Breaking News from Interest Rates

5 steps you can take to manage a hike in interest rates

The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate (the rate at which the central bank lends money to commercial banks) will increase from 5.5% to 6.25% and the prime rate (the rate commercial…

The Conversation · Sep 26, 2022

Money expert shares how to manage your mortgage, credit cards and savings after interest rates rise

The new Bank of England base rate of 2.25% is the highest level since November 2008.

Daily Record · Sep 26, 2022

This Federal Reserve policy you’ve never heard of could have the biggest effect on your wallet

The Federal Reserve is making headlines by raising interest rates at the fastest pace in a single year since the 1980s, concerning investors and consumers alike with fears the central bank could go too far, too fast.

Tribune News Service · Sep 26, 2022

'A Hard Landing Scenario Is Inevitable': Goldman Sachs Cuts S&P500 Targets As Investors Flock Into Cash

Goldman Sachs (NYSE: GS) is reducing its valuation projection for the S&P 500 as rising interest rates signal bad times for stock prices. Investors are reacting by shunning most asset classes and going into cash as a way to weather the storm.

Benzinga · Sep 24, 2022

Bankrupt Crypto Lender Voyager’s CFO to Exit Months After Appointment

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a "transition period" to pursue other opportunities, and…

Asharq Al-Awsat · Sep 24, 2022

General election must be called so public pass their verdict on this bunch of charlatans

Record View says voters are anxiously wondering how they can pay the bills, with rampant inflation, rising interest rates and sky high energy costs draining their finances.

Daily Record · Sep 24, 2022

Buyer’s remorse, agent bonuses take hold as higher interest rates change homebuying

Some of the nation’s largest homebuilders are lowering prices, providing discounts and pulling out of land deals as higher mortgage rates on top of already sky-high home prices continue to take a toll on buyer affordability.

Tribune News Service · Sep 23, 2022

Could we be heading toward a global recession?

It's been a rough couple of weeks on the stock market, ending recently with a warning from FedEX about a downturn in the global economy that sent shares tumbling.

Tribune News Service · Sep 23, 2022

Sell-off continues as inflation fight stepped up

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

Bangkok Post · Sep 23, 2022

Shifting into the new equilibrium

From our point of view, the global economic landscape in the fourth quarter will be very important. We believe that the coming quarter will bring a shift in the global economic picture to a new equilibrium.

Bangkok Post · Sep 23, 2022