The Latest Breaking News from Interest Rates

Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%

The Federal Reserve's rate cut aims to support economic growth and stability by stimulating borrowing and spending.

ECB cuts rates to boost eurozone growth, while Fed remains cautious amid strong US economy.

The Bank’s Monetary Policy Committee voted by a majority of 6–3 to maintain the rate at 4.75 per cent

The Bank of England will announce the results of its next policy decision on Thursday.

The rise in inflation last month is likely to mean higher borrowing costs for longer

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget

Starmer says more to do on economy so growth is ‘felt in the pockets of working people’; US Federal Reserve widely expected to cut interest rates by a quarter point

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead.

The dollar index (DXY00 ) on Tuesday rose by +0.08%. The dollar posted modest gains on Tuesday after US Nov retail sales rose more than expected. Also, the weakness in stocks Tuesday boosted liquidity demand for the dollar. Gains in the dollar were limited after US Nov manufacturing production rose...