The Latest Breaking News from Interest Rates

The markets are unanimously expecting the FOMC at its 2-day meeting that begins today to leave its funds rate target range unchanged at 5.25%/5.50%. However, the markets are still on guard for one last rate hike this year. Specifically, the markets are discounting the odds at 29% that the FOMC...

City Voices: Higher interest rates and more people out of work means there is just less money to go around

CEO Thierry Garnier keeping watch on the Bank of England after high interest rates hit Polish market

Higher interest rates and weaker trade, as well as sluggish growth in China, likely to hit big economies

The global economy is expected to keep slowing in response to higher interest rates, forecasts by a major global organisation show.

Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates

Core inflation, which excludes food and energy prices, fell to 6.2 per cent, shocking economists and likely putting an interest rate pause on the table when the Bank of England meets on Thursday

While former PM takes some responsibility for markets crisis after mini-budget, she says main fault lay with Bank of England

Rolling coverage of the latest economic and financial news