The Latest Breaking News from Interest Rates

Australian shares mark their biggest intraday jump in two years, tracking a strong performance on Wall Street.

The United Nations Conference on Trade and Development is calling on central banks in major economies to reverse course on raising interest rates, stating that it is leading the world into a global recession and prolonged stagnation.

The rapid increase in interest rates feels all too sudden for borrowers, but it's not the first time this has happened. Here's how events played out almost 30 years ago.

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.

The Reserve Bank of Australia has finally taken its foot off the accelerator and slowed the pace of tightening after a series of jumbo rate hikes.

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

In 1981 Thatcher took the drastic but successful step of increasing taxes by 2% of GDP to tackle interest rates and inflation. But Truss has just done a reverse-Thatcher, says Oliver Hartwich

Oil prices jumped by more than $3 on Monday as OPEC+ considers reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures rebounded $3.37, or 4%, to $88.51 a…

Australia’s housing correction may not be as bad as feared as buyers take rising interest rates “in their stride”, a leading economist says.

As the Federal Reserve raised interest rates to combat inflation, NorthCoast Asset Management found opportunity in bond ETFs during the third quarter. And although the firm remained cautious on stocks, it redeployed some of its cash positions in ETFs investing in equities. It favored ETFs buying and holding value stocks.…

The stock market has had a tumultuous 2022 so far, with major indices such as the S&P 500 and the Nasdaq Composite in bear market territory. But according to market professionals surveyed in Bankrate’s Third-Quarter Market Mavens survey, the outlook for stocks should improve over the coming year. The group…