The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) on Tuesday fell sharply by -1.50% and posted a 2-1/4 month low. The dollar sold off sharply Tuesday after U.S Oct consumer prices rose less than expected, bolstering the outlook that the Fed may be finished raising interest rates. The dollar extended its losses on...

Economists expect October’s reading to fall almost two points to 4.8%, helped by drop in energy prices

UK inflation fell to just 4.6%, its lowest level since 2021, in a key political victory for Rishi Sunak as well as a win in the Bank of England's battle to get prices back under control.

Inflation in the United States likely remained high last month, a trend that if sustained could raise concerns at the Federal Reserve, which is considering whether to raise interest rates again

Australia's biggest bank says there was just a modest increase in late payments in the September quarter, despite the impact of higher interest rates.

Consumer confidence has taken a hit after another round of interest rate pain, with businesses also cautious about the outlook despite economic resilience.

“The leading macro data suggests that we're in a late cycle market environment,” Morgan Stanley's Wilson wrote Monday, adding that it's stock pickers' world.

Despite signs of the Fed achieving a soft landing, additional rate hikes could be in the offing. Insurance companies usually benefit from rising interest rates. Amid this backdrop, it could be prudent to buy fundamentally strong insurance stocks Loews (L), MS&AD Insurance Group (MSADY), and The Hartford Financial Services Group…

The Property and Casualty (P&C) insurance industry’s prospects appear promising, thanks to robust demand and rapid digitalization. Moreover, insurance companies benefit from higher interest rates. Thus, quality insurance stocks W.R. Berkley (WRB), CNA Financial (CNA), and Donegal Group (DGICA) could be ideal buys now. Continue reading….