The Latest Breaking News from Interest Rates

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates

The Bank of England announcement comes after inflation unexpectedly fell this week

The local share market has fallen 1.4 per cent to close at its lowest level since early July after the Federal Reserve sounded hawkish on interest rates.

BoE policymakers were split 5-4 on interest rates this month, with a narrow majority voting to leave Bank rate at 5.25%

The Bank of England held interest rates at 5.25% today, ending a run of 14 consecutive hikes.

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought

Markets revise forecasts, raising chance interest rates may be kept on hold for first time in two years

Federal Reserve officials held interest rates steady at their monthly policy meeting on Sept. 20, 2023 – only the second time they have done so since embarking on a rate-raising campaign a year and a half ago. But it is what they hinted at rather than what they did that…

October WTI crude oil (CLV23 ) on Wednesday closed down -0.92 (-1.01%), and Oct RBOB gasoline (RBV23 ) closed down -3.89 (-1.46%). Oct WTI crude oil and gasoline prices Wednesday gave up early gains and posted moderate losses after the Federal Reserve raised its estimate for interest rates next year,...