The Latest Breaking News from Interest Rates

The lower job numbers come as a hot labour market cools down amid increasing interest rates

March saw fewer jobs added to economy compared with February as effects of Fed’s interest rate increases are felt

U.S. employers added 236,000 jobs in March as hiring slowed from the previous month. Unemployment dipped to 3.5%, from 3.6% in February.

Treasurer Jim Chalmers is warning of economic uncertainty with spiking global inflation and interest rates spurred by war in Ukraine ahead of the May budget.

Investment this year is fraught with risks. A number of factors, including rising interest rates, high inflation, an economic slowdown and most recently the banking crisis in the US and Europe, have influenced investment sentiment in stock markets since the beginning of 2023.

EY-Parthenon’s Gregory Daco is worried about a recession amid stubborn inflation, rising interest rates, and the banking crisis.

Kristalina Georgieva says slowdown last year after Covid pandemic and Russian invasion of Ukraine could persist for five years

Rising interest rates usually benefit companies in the financial sector. However, not every financial stock can capitalize on the current interest rate environment. Also, given the financial sector crisis, it could be wise to avoid financial stocks BRP Group (BRP), Marathon Digital (MARA), and Digital World Acquisition (DWAC). Keep reading.

The first three months of 2023 are in the books, and the quarter generated concern among real estate gurus. Understandably so, given the combination of rising mortgage interest rates, declining home sales and ongoing inventory and affordability issues.

A significant group of borrowers are at serious risk of default, but Australian banks will be able to comfortably survive any losses, argues the Reserve Bank.

Mexican standoff: Desperate to hold onto their lending share in a declining property market, banks have ignored Reserve Bank pressure to raise mortgage interest rates. But the standoff must end. Brokers reckon the first of the banks will blink next week. You can see the whites of their eyes, writes Jonathan Milne.