The Latest Breaking News from Interest Rates

Last month, the Bank of England hiked rates by 0.5 percentage points to 5% which left a lot of mortgage holders worried and caused many homeowners struggling the costs

Major banks will have an opportunity to explain why some of their customers are missing out on decent savings rates at a parliamentary hearing.

Fears heighten for UK economy and household budgets as expert says ‘hard landing increasingly likely’

JP Morgan says risk of ‘hard landing’ for economy heightened, with higher borrowing costs hitting business

Rishi Sunak has blamed the high number of fixed-rate mortgages for his government’s failure to bring down inflation.

The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.

The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.

In the mortgage stress belt of Sydney’s west, residents and businesses can no longer make repayments

High street banks will meet the Financial Conduct Authority over concerns high interest rates are not being passed on to to savers.