The Latest Breaking News from Interest Rates

S&P Global’s chief economist Paul Gruenwald believes interest rates will stay elevated for some time

There is a growing recognition that small banks are better positioned to maintain the trust and loyalty of their borrowers.

New home applications submitted and granted, as well as construction starts, totalled just 21,918 in the first half of 2023

As global central banks have raised interest rates, the Bank of England (BoE) has increased in the past 14 meetings due to elevated inflation. Recently, the BoE governor spoke to the UK Parliament and stated that the central bank was approaching the conclusion of its interest rate hikes. The timing…

High interest rates and the customary summer slump have been blamed after UK house prices suffered their sharpest annual drop in 14 years.

It comes after Andrew Bailey yesterday signalled that the Bank of England could soon be finished raising interest rates

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

A top government official says Turkish President Recep Tayyip Erdogan supports his new economic team's plan to increase interest rates to lower the country's soaring inflation

The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months, another sign that the labor market remains largely unaffected by higher interest rates

September S&P 500 futures (ESU23) are down -0.58%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.88% this morning after three major U.S. benchmark indices ended the regular session lower as an unexpected rise in a key U.S. services activity gauge bolstered speculation that the Federal Reserve would have…