The Latest Breaking News from Interest Rates

Fed Chair Powell today presented his semi-annual testimony before the House Financial Services Committee. Mr. Powell will appear Thursday before the Senate Banking Committee and repeat his prepared testimony, although he will answer different questions from panel members. Mr. Powell’s prepared statement today was in line with his comments last...

This morning’s UK inflation data can be described in just two words: truly horrible. With headline inflation stuck at 8.7 per cent and core underlying inflation rising from 6.8 per cent to 7.1 per cent, the Bank of England is facing a huge problem. Most thought the Bank’s key policy…

He is expected to tell lawmakers that there is still "a long way to go" to cool inflation.

Experts warned Scots face "a miserable summer" of high inflation and higher interest rates.

Inflation refuses to budge as under-40s, renters and London homeowners feel the pain

The Bank of England is expected to raise the base rate - which influences interest rates lenders charge for mortgages, loans and other types of credit - again tomorrow in an effort to curb inflation

Rob Perrins, one of the longest-serving CEOs on the FTSE 100, does not expect house prices to fall

With inflation stuck at 8.7%, economists said a jump straight to 5% interest rates might be needed

As Bank raises interest rates again and big business greedflation pushes prices higher, the PM’s vow is a gamble

The consumer champion is keen to see ‘soft or hard political pressure’ put on banks to make things better for mortgage holders.

Inflation is hitting the news again, but what does the latest change mean for your family and your money