The Latest Breaking News from Interest Rates

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The Reserve Bank has increased the cash rate to 4.1 per cent at its June meeting, citing "persistent" and "ongoing" high inflation. It's the highest cash rate since April 2012. Follow live.

The easy money policies of the Federal Reserve have created a "boom-bust cycle" that will ultimately end in a recession, according to the investment bank.

Wage growth and tight labour markets in the US are making it increasingly likely the Federal Reserve will raise interest rates in June, some experts say. And at least one local economist is taking our Reserve Bank's statement it is putting rates rises on hold with a pinch of salt. 

Suggestion comes as other economists push for an end to increases.

Another 30,000 Australians could be thrown into risk of mortgage stress if the RBA raises interest rates again.

Higher interest rates and more expensive stock valuations combined with the cheapest implied volatility prices in years sets up ideally for a couple option strategies in SPY.

First, the good news. Inflation is heading lower. US inflation peaked at 8.5 per cent late last year and is now running at around five per cent. Eurozone inflation peaked at 10.6 per cent and is now down to 6.1 per cent. UK inflation peaked at more than 11 per…

No-fault evictions are on the increase even as the Government prepares to ban the practice.

The odds have been shortening on the Reserve Bank of Australia lifting interest again, and Australia’s workers are again being blamed for driving inflation.

RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.