The Latest Breaking News from Interest Rates

The Federal Reserve raised interest rates by a quarter-percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet tamed.

Decision on Thursday would be the 10th time in a row that policymakers have opted for an increase

General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

Bank of England figures also reveal many households are dipping into savings, rather than using credit cards

Australian property prices have declined again in January, but the pace of the downturn has continued to ease ahead of a rate peak.

Here are some of the key dates and changes next month including from the DWP - and how they could affect you

'Uncertainty is likely to remain in our markets until interest rates reach their peak', says CEO Lynda Shillaw

Asian shares are mostly lower in muted trading as investors await decisions on interest rates and on earnings reports from around the world

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. That's the view of the International Monetary Fund, which now expects the world…