The Latest Breaking News from Interest Rates

British drivers upgraded their cars often in the era of cheap lending – but that could change

Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners

The Reserve Bank board had another tough choice between hitting pause on interest rates or delivering another hike at its last meeting.

“The realization that the market needs to reprice substantially has driven us to make a big downgrade in our forecast,” says Capital Economics' Kiran Raichura.

Despite cooling inflation, the Fed is expected to raise interest rates again this month. Since rising interest rates help boost insurers’ profit margins, it could be wise to add fundamentally strong insurance stocks Hannover Rück SE (HVRRY), Reinsurance Group of America (RGA), Sirius Point (SPNT), and International General Insurance Holdings…

1.7 million households set to remortgage in 2024 are anticipated to see their annual repayments rise by over £3,000 on average

A crisis of global systemic relevance would require a confluence of factors, write BCG's Philipp Carlsson-Szlezak and Paul Swartz.

UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth

Spiralling interest rates have caused wealth to tumble by £2 trillion, says think tank – but says young people could still be ‘winners’ if house prices fall

A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said.

Moderating inflation around the world could help the Reserve Bank build the case for an extended pause on interest rates.