The Latest Breaking News from Interest Rates

Warning against pumping ‘money into people’s pockets’ comes amid hints Bank of England will again raise rates

Catherine Mann, who is a member of the Bank’s Monetary Policy Committee, said she would rather ‘err on the side of over-tightening’ monetary policy.

High interest rates and the customary summer slump have been blamed after UK house prices suffered their sharpest annual drop in 14 years.

It comes after Andrew Bailey yesterday signalled that the Bank of England could soon be finished raising interest rates

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

A top government official says Turkish President Recep Tayyip Erdogan supports his new economic team's plan to increase interest rates to lower the country's soaring inflation

The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months, another sign that the labor market remains largely unaffected by higher interest rates

September S&P 500 futures (ESU23) are down -0.58%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.88% this morning after three major U.S. benchmark indices ended the regular session lower as an unexpected rise in a key U.S. services activity gauge bolstered speculation that the Federal Reserve would have…