The Latest Breaking News from Interest Rates

Households are braced for a further increase in rates from the Bank of England next week

Gross domestic product fell by 0.1% in the March quarter, following a revised 0.7% fall in the previous quarter, Statistics New Zealand said

The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.

A steady Fed rate means mortgage rates might stabilize in a tight housing market.

The Fed stood pat on interest rates this time around but the central bank's hawkish outlook made for a volatile afternoon.

Greedflation may force the Federal Reserve to keep interest rates “higher for longer” to fight inflation, pushing the economy into recession.

The dollar index (DXY00 ) on Wednesday tumbled to a 4-week low and finished down by -0.43%. Wednesday’s U.S. May PPI report showed an easing of producer price pressures that knocked T-note yields lower and weighed on the dollar. The dollar recovered from its worst levels after the FOMC raised...

The Federal Reserve stood pat on interest rates but left the door open to future hikes.

After 10 consecutive rate increases, the Fed has decided to hold interest rates steady. Here's what it means for savings rates.