The Latest Breaking News from Interest Rates

Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the…

Despite recent signs of moderation in inflation, the better-than-expected January jobs data could force the Fed to raise interest rates even further. This is expected to keep the stock market highly volatile in the near term. Given a volatile market backdrop, investing in high-quality stocks AbbVie (ABBV), Cintas (CTAS), and…

We had all better hope the coming slowdown doesn’t happen before the full effect of rate rises is felt

He told viewers we have 'lived through an anomaly time' for interest rates and spoke about mortgages

Shares are mixed in Asia after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes

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Jerome Powell says disinflationary process ‘has a long way to go' as Biden is set to tout economic record at State of Union address

Federal Reserve Chair Jerome Powell stuck to his message that interest rates need to keep rising to quash inflation and this time, the bond market listened.

He says stable inflation is vital so that money holds its value and people and businesses are able to plan for the future.

The Fed will likely keep raising interest rates to bring inflation down to its desired level. This is expected to keep the stock market and the economy under pressure this year. Amid the uncertainty, investors looking for passive income could add fundamentally strong dividend-paying stocks AbbVie (ABBV), Valero Energy (VLO),…

It comes after the Bank of England raised interest rates to 4 percent last week