The Latest Breaking News from Interest Rates

The US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far reaching consequences. The US dollar is prominently used around the world as an international medium of exchange and as…

With construction costs for new homes and interest rates soaring, vacant housing is drawing more attention as a shortcut to quickly getting more units on the market.

The OECD predicts 1.9% economic growth for Australia next year. That’s the good news

The Federal Reserve issued its latest interest rate hike in early November

New Zealand’s central bank has hiked interest rates by a record amount as it tries to get inflation under control

A cash advance can be useful if you need cash right away but you may face a 25% to 27% interest rate.

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

Why the global economy may never be the same.

David Miles said the impact of rising interest rates and inflation will cause pressure next year but they are predicted to turn a corner in 2024.

Soaring inflation and rising interest rates are damaging Australia's sense of community and could put the nation's resilience at risk.

Hobbled by high interest rates, punishing inflation and Russia’s war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023