The Latest Breaking News from Interest Rates

Tamil Nadu CM Stalin appeals to PM Modi to withdraw 11% import duty on cotton, restructure ECLGS & temporarily ban export of waste cotton to help struggling spinning industry. Requested to extend moratorium on loan repayment, reduce interest rates & extend cash credit limits.

Inflation in the U.K. has fallen by more than anticipated to a 15-month low a development that may ease the pressure for the Bank of England to raise interest rates sharply over the coming months, to the potential relief of struggling households

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.