The Latest Breaking News from Interest Rates

Exclusive: Members of Mr Hunt’s Economic Advisory Council said the Bank had ‘tried to be too cute’ by not being clear enough on the need for interest rates hikes

“ Our prediction for an 11% decline in residential house prices over 2023 doesn’t now seem so far away,” one expert said

The Financial Conduct Authority said it had held a ‘constructive’ meeting with savings providers.

While worldwide counterparts saw weaker growth due to inflation and rising interest rates, China’s GDP soared in the first quarter of 2023. With the nation’s upward momentum expected to persist, it could be wise to load up on robust China stocks X Financial (XYF), China Automotive (CAAS), and Sunlands Technology…

Bosses at some of the UK's biggest banks, Lloyds, HSBC, NatWest and Barclays are to face questions by the Financial Conduct Authority (FCA) this week on the speed it passes on the rate rises to savers

U.S. job openings slipped in May but remained at levels high enough to show the American labor market remains resilient in the face of sharply higher interest rates

Buying a house can be especially daunting in uncertain economic times, leaving many would-be homeowners struggling to decide if and when to take the plunge.

The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve’s attempt to cool the labor market by raising interest rates

Last month, the Bank of England hiked rates by 0.5 percentage points to 5% which left a lot of mortgage holders worried and caused many homeowners struggling the costs