The Latest Breaking News from Interest Rates

Delaying your first home purchase could cost you big. Discover how much money first-time buyers risk losing by waiting to enter the market.

The dollar index (DXY00 ) is down today by -0.30%. The dollar is retreating today after a report from Challenger showed US job cuts in October surged +175% y/y by the most in 22 years, bolstering the outlook for the Fed to keep cutting interest rates. Also, the dollar is...

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growth

The base rate remains at 4% though there will immediately be an expectation of a December cut

Economists predict UK rate cuts in December, after narrow vote to hold Bank Rate at 4% today

Bank of England policymakers are in the spotlight on the day of their latest Interest rate decision.

Most economists agree that there will be divisions among the nine-person committee when it comes to this week’s vote.

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As expected, the Reserve Bank of Australia (RBA) has kept the cash rate steady at 3.6%. Its board unanimously agreed it was better to “remain cautious” on interest rates.