The Latest Breaking News from Interest Rates

Before Thursday, Silicon Valley Bank was regarded as being in “sound financial condition.” But on that day it experienced attempted withdrawals of $42 billion, about a third of its U.S. deposits. By close of business, the run on the bank made it incapable of paying its obligations as they came…

George Bailey knew how to fend off a bank run. When the citizens of Bedford Falls ran to the bank to demand a return of their deposits, they encountered George, in the form of Jimmy Stewart, guarding the vault with a moral lesson.

With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.

Yes, Boomers’ interest rates were higher, but the cost of housing was much, much lower and disposable income was not as low.

It's never a good sign when "bank collapse" is trending on Twitter.

Failure of America’s 16th biggest bank amid high inflation poses an awkward decision on interest rates for the Federal Reserve

High inflation, rising interest rates and falling consumer demand is putting Australian businesses under increasing stress.

The Silicon Valley Bank crisis will likely deter the Fed from raising interest rates by the expected 50 basis points next week. However, since the market is expected to remain highly volatile, it could be wise to invest in fundamentally strong stocks Johnson & Johnson (JNJ), Walmart (WMT), and General…

The Fed’s target of bringing inflation to 2% could see dramatic change in tumultuous aftermath of Silicon Valley Bank collapse

Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.

With inflation still alarmingly high, the Fed is poised to raise interest rates further. This is predicted to keep the stock market volatile. Amid this, investors should focus on their long-term strategies and buy fundamentally strong stocks Visa (V), Pfizer (PFE), and Molina Healthcare (MOH), which have solid growth potential.…