The Latest Breaking News from Interest Rates

Did you know that the Government is running an incomes policy, in which it seeks to place a cap on people’s wages in the public sector regardless of what is happening elsewhere in the economy? Not officially, perhaps, but the truth is that pay in the public sector is rapidly…

Financial specialists attributed features of liquidity scarcity in the Saudi financial and banking sector to the effects of raising interest rates and increasing the Saudi Interbank Offered Rate, or Saibor, along with the emergence of attractive investment opportunities. According to specialists, the interest rates rose in parallel with the decline…

Credit agencies are watching like hawks as the Government introduces its two most important Three Waters bills to Parliament this month – the final structures will determine whether NZ can pay the price to fix its run-down water infrastructure.

For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control

Interest rate announcements affect millions of homeowners with variable-rate mortgages

The better-than-expected report showed the economy can still tolerate higher interest rates.

WASHINGTON: US employers added more jobs than forecast in November and wages surged by the most in nearly a year, pointing to enduring inflationary pressures that boost chances of higher interest rates from the Federal Reserve.

U.S. employers added more jobs than forecast and wages surged by the most in nearly a year, pointing to enduring inflation pressures that boost chances of higher interest rates from the Federal Reserve.

Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.