The Latest Breaking News from Interest Rates

Most likely, mortgage rates will stay above 6%, and home prices will climb moderately. But that shouldn't dissuade buyers who are ready to make a move.

"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," the Peter G. Peterson Foundation warned.

“Mortgage interest rates have remained higher-for-longer, which has left the overall housing market weaker-for-longer,” Lennar chairman and co-CEO Stuart Miller said in an earnings call.

Gold traders closely monitor market conditions as economic uncertainty drives demand for the precious metal. Concerns over tariffs, inflation, and slowing economic growth have strengthened gold's appeal as a safe-haven asset. Additionally, with the Federal Reserve keeping interest rates steady at its recent meeting, the market is looking for four…

The dollar index (DXY00 ) Thursday rose by +0.41% and posted a 1-1/2 week high. The dollar rose Thursday on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains Thursday on signs of strength in the...

The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects

The dollar index (DXY00 ) today is up by +0.52%. The dollar is climbing today on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains on signs of strength in the US economy after weekly jobless...

Interest rate remains set at 4.5 per cent but there are still expectations of cuts this year

Eight members of the Bank’s nine-person Monetary Policy Committee voted to keep rates on hold.