The Latest Breaking News from Interest Rates

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

The Federal Reserve’s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year

With most of the world open for leisure travel, the aviation industry is breathing a sigh of relief as globetrotters get set to take off.

The issues that led Sri Lanka to become an economic basket case in 2022 serve as a warning for other nations.

Catherine Mann, a hawkish member of the MPC, says high rates necessary to stop inflation becoming embedded in wages and prices

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said in a downgrade from its initial estimate

Lloyds Banking Group today revealed unchanged annual profits of £6.9 billion as the lender benefited from a year of rising interest rates.

Asian shares have fallen after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy

The RBA tells us the pain is only temporary and for the best, but it could be here for a while. Here’s why

Rises in interest rates are driving unemployment, low wages and poverty while the banks cash in, says campaigner Fran Boait

HSBC today moved to fend off pressure from one of its biggest shareholders to break up the group and return chunks of cash to investors.