The Latest Breaking News from Interest Rates

Inflation slowing to 3.2% last month means home shoppers may benefit from stabilizing consumer prices and cheaper mortgages, if the Fed cuts interest rates.

I COMPLETELY agree with Bradley Perrett's vision for the remaining Honeysuckle development ("Honeysuckle idea simply sucks", Newcastle Herald, 10/11), the supposed centrepiece of the city's waterfront development. No one would deny the need for more social and affordable housing, but not on the remaining section of Honeysuckle. There is an…

The decline has been hailed as a key victory for Rishi Sunak, who pledged to halve inflation, but it is also a win for the Bank of England

Decline in annual rate in October eases fears that Bank of England will raise interest rates again this year

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

A softer-than-expected CPI report could mean the Fed is done raising interest rates this cycle.

With higher interest rates and sticky inflation undercutting the purchasing power of most consumers, value retailers are holding up against a broader spending pullback as anxiety over the economy prompts shoppers to seek discounts and deals. Many of the off-price retailers, such as TJX Cos (TJX ), Ross Stores (ROST...

High inflation, rising interest rates and cost overruns may wipe out the South Australian government's projected budget surplus, the auditor-general has found.