The Latest Breaking News on Interest Rates

Fading global cooperation will make this crisis worse than the recession of 2008

The global financial crisis brought large economies together but the current crisis comes at a time of deep division

The Guardian - UK

Bandhan Bank hikes interest rates on savings accounts: Details inside

The private sector lender Bandhan Bank raised its savings account interest rates.

Home owners face £5,000 a year mortgage hikes - with repossessions doubling

Rocketing interest rates could double this year’s projections for repossessions to 24,000 by 2024 according to an economic consultancy’s analysis…

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No mortgage? Here's why you should still pay attention to interest rate rises

Those with mortgages are facing another hike to their monthly payments after the RBA's latest decision, but what does a…

These banks hike home loan interest rates: Here’s how much your EMI will go up

In an effort to curb inflation and promote economic growth, the Reserve Bank of India increased the benchmark repo rate…

Federal Bank hikes interest rates on savings account: Details inside

Federal Bank, a private sector lender, raised the interest rates on savings accounts.

How to protect your savings and pension from UK inflation

We look at some options for safeguarding your nest egg amid rising prices and interest rates

The Guardian - UK

Your rights if you can't afford your bills after Bank of England interest rate hike

Consumer rights expert Martyn James explains everything you need to do if you can't afford your bills after the Bank…

Sena rolls out leasing option

As a rise in interest rates will lower home purchasing power, SET-listed developer Sena Development Plc plans to lower the…

From analysis to good news, read the world’s best news in one place

How to see growth, inflation after the latest repo rate hike

India’s CAD is likely to increase to 3.5% of GDP in FY23, or an absolute level of ₹120 bn

The Ferguson Report: RBA admits inflation will drop as soon as we all go broke

A complete banker refused to apologise for lowering interest rates to lure first-time buyers. "They'll soon be first-time sellers! At…

Despite the headlines, money is still free

You might have noticed the occasional headline about interest rates soaring, the Reserve Bank threatening to smash the economy, and…

Interest rates: How will student loans be affected?

Bank of England’s dire new forecast sparks recession fears

The Independent UK

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House prices fall for first time in a year as interest rates and living costs bite

House prices fell marginally in July, according to the Halifax House Price Index

Evening Standard

Santander and Barclays become first banks to hike mortgages after interest rates rise

Santander was the first high street bank to confirm its SVR mortgage rates are rising, with its rate increasing by…

Interest rates – live: Bank of England confirms rise to 1.75% as inflation to hit 13%

UK to enter ‘deep and protracted’ recession, Bank warns

The Independent UK

Indian Bank hikes interest rates on fixed deposits: Details inside

Indian Bank, a public sector lender, increased interest rates on fixed deposits below ₹2 crore. The bank's website states that…

Bank of England governor urges workers to limit pay rise demands to help others without ‘bargaining power’

Andrew Bailey also rejected criticism bank should have raised interest rates sooner

The Independent UK

UK house prices fall for first time in a year

UK house prices declined for the first time in a year in July, as rising interest rates and soaring inflation…

Irish Independent

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UK house prices fall for first time since June 2021, says Halifax

Market cools in July as lender warns of impact of higher interest rates and cost of living crisis

The Guardian - UK

As recession fears grow, strong US hiring is likely slowing

The American job market has defied raging inflation, rising interest rates, growing recession fears

The Independent UK

Cost of living squeeze deepens as recession looms; Felixstowe port strike dates set – as it happened

Strike action will begin on 21st August after talks failed to produce a reasonable pay offer, says Unite union

The Guardian - UK

FBD reports dip in profits as market volatility impacts investments

Insurer FBD saw its pre-tax profits for the first half of the year fall as rising inflation and interest rates…

Irish Independent

Is the Sri Lankan Debt Crisis a Harbinger?

Why U.S.-Chinese Tensions Put Developing Countries at Risk

Foreign Affairs

India hikes interest rates to pre-pandemic level

Mumbai (AFP) - India's central bank on Friday hiked interest rates for the third time in four months, as Asia's…