The Latest Breaking News from Interest Rates

Thinktank Cebr expects Bank rate to rise twice more and predicts 28,000 insolvencies over next year

New report shows housing affordability has reached its lowest levels in decades as market continues to rebound

EY-Parthenon’s chief economist thinks “the Fed’s tightening cycle is over.”

The Bank of England’s top economist said interest rates may not peak as high as expected, but should stay high for “sufficiently long”

U.S. applications for unemployment benefits fell slightly last week as businesses continue to retain employees in an economy that has largely withstood rapidly rising interest rates for more than a year

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September

Fears were growing today that London’s hotel building market is being threatened by interest rate rises as sky-high borrowing costs prompt operators to pull back on investment decisions.

A basic savings account provides a safe place to keep your cash (and earn some interest, too)

High interest rates typically weigh on commodity prices as they increase the cost of carrying raw material inventories and increase production expenses. However, nothing is ordinary about the current historical period, which could mean commodity prices can rise even if rates remain stable or move slightly higher.