The Latest Breaking News from Interest Rates

Initiative to limit interest rates on debt from healthcare services certified for Arizona ballot

Arizonans will decide on a ballot initiative designed to limit interest rates on debt from healthcare services. The proposal is the first initiative certified for the ballot in Arizona for November, and the first of three initiatives with signatures under review to be certified. There are also eight legislative referrals…

Ballotpedia · Aug 23, 2022

Smaller banks follow big peers, hike FD rates

MUMBAI: IDBI Bank has said it will offer a new 500-day deposit that offers 6.7% interest as part of the Amrit Mahotsav (75 years of independence) scheme. The bank has also hiked interest rates on term deposits across various tenors from August 22. The highest rate offered under its regular…

The Times of India · Aug 22, 2022

Impact of higher rates on couples with merged finances

Financial matters can be complicated to manage when you’re a couple. If you don’t come together to make decisions about how to handle your combined affairs, conflict can arise. With inflation and interest rates increasing, it’s even more important to make swift and positive choices.

Tribune News Service · Aug 22, 2022

New homebuyers enticed into market now face perfect financial storm

New homebuyers are among some of the worst hit by a perfect storm of rising interest rates and cost of living, market analysis shows.

ABC News · Aug 21, 2022

How much students starting university could pay back in loans as interest rates rise

The Government has stepped in and capped interest rates at 6.3%.

Manchester Evening News · Aug 21, 2022

Russia's war at 6 months: A global economy in growing danger

It's almost six months since Russia invaded Ukraine, and the consequences are posing a devastating threat to the global economy

The Independent UK · Aug 21, 2022

S&P 500 Snaps 4-Week Winning Streak As Investors Anticipate Higher Interest Rates

The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a four-week winning streak this week as the latest commentary from the Federal Reserve suggests investors can expect aggressive interest rate hikes to continue.

Benzinga · Aug 19, 2022

Inflation: why it's very unlikely to get back below 2% for years to come

Inflation in the UK and eurozone is still getting worse. UK prices rose a whopping 10.1% in July compared to a year earlier, while those in the eurozone went up 8.9% – breaking longstanding records in both places. Contrast this with the equivalent data from the US a few days…

The Conversation · Aug 19, 2022

3 Overrated Stocks to Avoid This Fall

Though inflation has declined slightly from the multi-decade high level, the Federal Reserve’s intention to keep raising interest rates until price increases return to its target level could keep the stock market under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks…

StockNews.com · Aug 19, 2022

The Week Ahead: Looking for a price peak in the past to figure out the future of interest rates

The Federal Reserve consistently says its actions are data dependent. “Data dependence is, and always has been, at the heart of policymaking at the Federal Reserve,” Fed Chairman Jerome Powell said in a 2019 speech.

Miami Herald · Aug 19, 2022