The Latest Breaking News from Interest Rates

High cash rates no barrier to housing boom, data shows

Conventional wisdom that low interest rates are a precondition to property booms is not borne out by four decades of historical data.

AAP · Jan 13

The 6 Ways Trump Tried To Control the Economy Last Week

From defense contracting and mortgage finance to credit, housing, and monetary policy, Trump is leaning heavily on command-and-control economics.

Reason · Jan 13

Trump’s attacks on the Federal Reserve risk fuelling US inflation and ending dollar dominance

US president Donald Trump’s attacks on the chairman of the Federal Reserve, Jerome Powell, are yet another signal of a new era of economic policymaking and governance.

The Conversation · Jan 13

‘Agent of chaos’ Bill Pulte and Jeanine Pirro behind DOJ investigation of Fed Chair Jerome Powell, report claims

Chairman has dismissed probe as a political attack brought about because he refuses to lower interest rates in line with ‘the preferences of the president’

The Independent UK · Jan 13

Booming Mortgage Market Forecast as Lenders Cut Rates and Ease Rules — What It Means for UK Buyers

UK mortgage market shows signs of revival as lenders cut rates and ease rules after base rate fall, improving access for buyers despite affordability pressures.

International Business Times UK · Jan 13

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank.

The Conversation · Jan 13

Trump's War on Interest Rates

No one likes high interest rates on credit cards and loans, but artificially lowering interest rates via executive power is not a solution.

Reason · Jan 12

Stocks Recover as Data Storage Companies and Chip Makers Rally

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.08%. March E-mini S&P futures (ESH26 ) rose +0.16%, and March E-mini Nasdaq futures...

Barchart · Jan 12

Why is Trump’s justice department investigating Fed chair Jerome Powell?

Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates

The Guardian - US · Jan 12

Republicans slam Powell probe as ‘coercion’ as Trump tries strong-arming central bank

GOP pushback could imperil Trump’s efforts to remake the central bank’s board in his own image

The Independent UK · Jan 12