The Latest Breaking News from Interest Rates

ECB policymakers indicates June rate cut is a done deal, while IT glitch which prevented some NatWest customers accessing accounts has been fixed

Global oil prices stabilize post-decline, influenced by U.S. interest rates and geopolitical tensions. Market awaits Fed signals.

Nvidia's impressive financial performance adds to the strong results from Microsoft, Alphabet, Amazon, and Meta. These results reinforce the belief that the rally in the "magnificent five" continues, contributing to another week of gains for the tech-heavy Nasdaq.

It comes soon after higher-than-expected inflation appeared to rule out a June interest rate cut from the Bank of England

With elevated inflation, the Federal Reserve will likely delay the forecasted rate cuts. Interest rates remaining higher for longer could lead to several challenges for the U.S. banking industry. Given this backdrop, investors could consider looking beyond borders to buy quality foreign bank stocks: Barclays (BCS), Akbank (AKBTY), and Deutsche…

Asian shares have retreated after strong reports on the U.S. economy raised the possibility that interest rates may stay painfully high

Markets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year.

The financial services industry is poised for growth and profitability, driven by sustained demand and digital technology adoption. Additionally, advanced fintech solutions, supportive government policies, and high interest rates are expected to boost these companies' growth. To that end, fundamentally strong consumer financial stocks Qifu Technology (QFIN), Atlanticus Holdings (ATLC),…

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

Goldman Sachs CEO predicts no interest rate cuts by the Federal Reserve this year, offering insights into the Fed's potential actions and market implications.