The Latest Breaking News from Interest Rates

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Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

Jim Grant of Grant's Interest Rate Observer believes it will take years to undo the kinks from a decade of ultra-low interest rates.

Two years on from the first in the Bank’s run of rate hikes, how have they changed the shape of Britons’ finances?

“The recession that seemed so inevitable at the end of 2022 still hasn’t arrived and may not come anytime soon,” said Chris Zaccarelli, chief investment officer of the Independent Advisor Alliance.

The Japanese yen (^USDJPY ) on Thursday soared to a 4-month high against the dollar after comments from Bank of Japan (BOJ) Governor Ueda and comments Wednesday from one of his deputies bolstered speculation the BOJ was close to ending its negative interest rate policy. Market attention will now focus...

Jobless rate down to 3.7% as world’s largest economy grapples with interest rates and American policymakers plot next moves

When asked what they expect the rate of inflation to be five years from now, respondents gave a median answer of 3.2%

Blue-chip shares struggled today as investors opted not to take new positions ahead of a significant week for the outlook on borrowing costs.

Number of borrowers in ‘severe financial stress’ has risen but most showing resilience, Reserve Bank’s Andrea Brischetto says