The Latest Breaking News from Interest Rates

The bureau of statistics labour numbers will be examined closely by the Reserve Bank when it meets on August 1 to consider interest rates

Supercore Inflation, popularized by the Federal Reserve, is falling fast, which could mean good things for the market.

The labour market has proved resilient, with the jobless rate coming in at 3.5 per cent and 33,000 new jobs added to the economy.

Although interest rates have increased, savers have still lost money in real terms due to high inflation, AJ Bell said.

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

FTSE 100 jumps and gilt yields tumble after larger-than-expected drop in UK inflation last month

As mortgage rates hit 15-year highs, deciding whether to opt for a fixed-rate mortgage or a tracker in the hopes that rates eventually drop can be conundrum.   

Vacancy rates have already started to ease and price growth has begun to slow with analysts tipping further tempering in the market for rental homes.

The dollar index (DXY00 ) Tuesday rose by +0.12%. The dollar Tuesday recovered from early losses and posted moderate gains on expectations for the Fed to raise interest rates by 25 bp at next week’s FOMC meeting. Also, weakness in the euro boosted the dollar as EUR/USD retreated on dovish...

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