The Latest Breaking News from Interest Rates

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

FTSE 100 index posts biggest one-day fall since March, as strong US jobs report fuels fears of even higher US interest rates

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.

As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive.