The Latest Breaking News from Interest Rates

Australians struggling with the highest interest rates in a decade are being warned to expect one or two more mortgage bill hikes.

This equates to £7,000 a year and the the 'reckless economic gamble' taken by the Conservatives during September’s mini-Budget has been blamed

Rachel Reeves blamed Tory government for ‘crashing economy’ as party rowed back on key pledge

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

The United States dollar is the world's most dominant reserve currency, accounting for over 60% of all foreign exchange reserves held by central banks around the globe. The King of currencies has a seasonal buy that may advance it to higher levels.

The U.S. will have major trouble getting to 2% as it may take over a year to reach their goal and avoid a government default.

Rising interest rates have made annuities a more attractive option for retirees accessing their pension, but it is important to choose the right route for you. 

Martin Lewis has shared his verdict as the base rate is expected to rise

Insurers typically benefit from rising interest rates. The recently released strong macroeconomic data has increased the odds of another rate hike in June. Therefore, it could be wise to buy insurance stocks Fairfax Financial Holdings (FRFHF), Universal Insurance (UVE), and Heritage Insurance (HRTG), given their strong momentum and growth prospects.…