The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) on Wednesday rose slightly by +0.03%. The dollar saw support from concern that US tariffs will boost inflation and prevent the Fed from cutting interest rates. Also, the minutes of the June 17-18 FOMC meeting were slightly hawkish and supportive of the dollar. Gains in...

Some financial products don’t die — they just slip on a new suit and reappear under a different name. Over the decades, regulators have cracked down on predatory loans, usurious interest rates, and shady lending tactics. Yet, the hunger for easy money and quick profits keeps these lending schemes alive…

Economist and market commentator Peter Schiff is cautioning against President Donald Trump's latest tax and spending package, saying it could do more harm than good for the U.S. economy.

The decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting

Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meeting

The Australian market initially dropped after the Reserve Bank's surprise move to stand pat on interest rates, but shares later made up the losses.

The central bank has defied expectations of an interest rate cut as it keeps its sights on inflation and jobs figures, but relief might not be far away.

President has savaged Federal Reserve chair Jerome Powell for not lowering interest rates, but he can’t easily fire him

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say next.