The Latest Breaking News from Interest Rates

Average cost of a home increased to £260,420 in February, up by 1.2% on a year earlier, says Nationwide

Oil prices remain stable as the market awaits cues on interest rates, causing caution and uncertainty in the global oil market.

Stay informed about rising inflation and interest rates in Canada affecting mortgages.

Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

Oil prices slipped due to uncertainty over Federal Reserve interest rate decisions, impacting global markets.

RBNZ maintains interest rates unchanged, prioritizing stability and cautious approach amid global uncertainties.

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

The Federal Reserve has been a major plotline in the economy over the last two years. So, how does the Federal Reserve work?

Lumber is a critical industrial commodity as it is an infrastructure building block and a crucial ingredient in new home building. The path of interest rates over the coming months is essential for lumber prices.

A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.