The Latest Breaking News from Interest Rates

Money writer Linda Howard, answers your questions and comments on the impact of inflation on cost of living on February 16.

Philip Lowe tells Senate estimates interest rates will continue to rise, ‘but how far they need to go, we’re still unsure’

Reserve Bank boss Philip Lowe has revealed he's received a series of "disturbing" letters from families about their financial hardships.

Philip Lowe says it is important in the long term to have "strong" banks that are turning a profit, even though it may be hard to hear for people in the grip of skyrocketing mortgage repayments.

Food such as grapes, citrus, and grain may be shipped to more overseas markets this year due to a drop in global sea freight rates.

US consumer prices rose briskly at the start of the year, a sign of persistent inflationary pressures that could push the Federal Reserve to raise interest rates even higher than previously expected.

Rising interest rates and city folk staying put post-lockdowns reverse real estate demand, new data reveals

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