The Latest Breaking News from Interest Rates

Instant Brands, which blames rising interest rates for financial problems, will continue to serve retailers

Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve’s 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.

UK economy has bounced back from March’s contraction, but experts fear rising interest rates will cause recession

The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation