The Latest Breaking News from Interest Rates

The only bad thing about the best parties is that no matter how good they were, the good times can’t go on forever. 

Editorial: The Bank places an oppressive thumb on the scale of economic justice, to guarantee the dominance of extractive interests

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

Federal Reserve Chair Jerome Powell opened a new phase in his campaign to regain control of inflation, saying US interest rates will go higher than previously projected, but the path may soon involve smaller hikes.

Fed officials have now imposed the sharpest increases in interest rates since the 1980s, as the cost of living crisis batters consumers

Food inflation soared to a record 11.6 per cent in October

The economy might be ailing and interest rates soaring, but the British love of live sport shows no sign of slowing down, says Matt Rogan

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

The Fed is on track to raise interest rates by 75 basis points on Wednesday. While a hawkish Fed and the upcoming midterm elections could keep the market volatile, it could be wise to invest in quality stocks Coca-Cola (KO), Honda Motor (HMC), and Modine Manufacturing (MOD) at their current…

The gap between the official and black market price of dollars in Egypt has narrowed significantly since the central bank announced a flexible exchange rate policy. On Thursday, Cairo announced a $3 billion International Monetary Fund deal with a commitment to a “durably flexible exchange rate regime.” The central bank…

A supermarket boss has warned that food price rises will “get worse” as the Bank of England prepares to hike interest rates to tackle soaring inflation.