The Latest Breaking News from Interest Rates

Monetary Policy Committee member Swati Dhingra said that “further tightening is a bigger risk” than holding interest rates at 4%

Pressure on banks and other blue-chip stocks continued today following the collapse of Silicon Valley Bank.

WASHINGTON — Hot inflation data could lead the Federal Reserve to raise interest rates to higher levels and at an accelerated pace, Federal Reserve Chairman Jerome Powell told the Senate Banking Committee on Tuesday.

The Fed is committed to bringing inflation down by raising interest rates aggressively. This could keep the stock market under pressure in the near term. Given their strong fundamentals and growth prospects, this could be the opportune time for investors to buy high-quality stocks Cisco Systems (CSCO) and Autodesk (ADSK).…

‘Ultimate level’ of interest rates likely higher than anticipated, Jerome Powell says in Fed’s monetary policy report to Senate panel

After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

For the first time, Powell suggested the Fed could revert to a faster pace of hikes.

As the Federal Reserve continues to increase interest rates, borrowers may find that they’re paying more for their debts or perhaps missing out on opportunities to boost their savings with better rates