The Latest Breaking News from Interest Rates

The US president and the man he appointed to head the central bank are at loggerheads over interest rates

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

A day earlier, Federal Reserve chair Jerome Powell offered a pessimistic view of the economy because of the White House’s tariff policy.

President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policy

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform.

European Central Bank policymakers look increasingly likely to cut interest rates again on Thursday, with US President Donald Trump's stop-start tariff announcements sowing concern in the eurozone.

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday

Worsening global outlook makes ‘gradual and careful’ approach on interest rates by Bank of England more difficult

Inflation in the U.K. fell for the second month running in March largely as a result of lower prices at the pump, a move that is likely to pile pressure on the Bank of England to cut interest rates next month