The Latest Breaking News from Interest Rates

When Zimbabwe’s finance minister Mthuli Ncube presented the national budget for 2023 to Parliament in November 2022, he placed high emphasis on a raft of initiatives designed to spur strong economic growth and unleash economic transformation. These included financing of infrastructure projects, education, health, value chains and other public investments.

Major bank believes business conditions and confidence are improving as it sets cash rate prediction higher than other banks

Australians must brace for interest rates to rise at least three more times in 2023 as the RBA fights high inflation.

The latest cash rate hike has mortgage holders worried as consumer confidence plunges to its lowest level since April 2020.

China's rebounding economy is set to have ramifications for Australia — both good and bad — and could exacerbate our cost-of-living issues.

As interest rates rise and other cost-of-living pressures increase, middle-income households that had been living comfortably are pulling back on spending, which has big implications for the economy.

APY is important, but you should also consider how easily you can access your funds when comparing the two account types.

How will the US Federal Reserve wage its battle with inflation — by keeping interest rates elevated for longer, or by taking them even higher? Investors are fixated on this question, which has vast implications for bonds, stocks and the entire economy.

Following a family budget is challenging, especially when unexpected costs pop up, including those related to the high prices at the grocery store and rising interest rates

RBA governor Philip Lowe will be asked to explain why he privately briefed elite bankers about the ninth consecutive rise in interest rates – during a

Quitting the EU has stalled business investment, making us reliant on workers who are now scarce. Hence rising wages, high inflation and increased interest rates. Result? A looming recession