The Latest Breaking News from Interest Rates

Australia's inflation problem is going to get worse and last longer than it was previously feared, new RBA forecasts suggest.

Egypt's gas revenues are expected to reach $12 billion, and about $7 billion from oil derivatives and petrochemicals, announced petroleum minister Tarek el-Molla. Molla spoke to Skynews Arabia on Monday on the sidelines of his participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). He said that Egypt…

Reserve Bank governor Philip Lowe says half percentage point increases to cash rate possible if economic conditions do not improve

Reserve Bank of Australia Governor Philip Lowe has underlined his case for raising interest rates, warning that not doing so could have dire consequences.

Surging interest rates and depreciating currencies may force some to cancel their travel plans.

Pushing up interest rates isn’t something the Reserve Bank does lightly.

The RBA has unveiled its seventh hike in interest rates since May as it battles rising inflation, lifting its target 0.25 percentage points. 

The Reserve Bank lifted interest rates for the seventh month in a row, taking the cash rate to 2.85 per cent — as it happened.

Soaring inflation is the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job of handling the problem.

Home prices have been dropping over the past six months as the Reserve Bank of Australia has raised interest rates from a record low in May to curb red-hot inflation. And with interest rates set to keep rising, more falls are expected.

Over the last two weeks, TerrAscend (OTC: TRSSF), Verano (OTC: VRNOF), and Acreage (OTC: ACRDF) have obtained new credit agreements with interest rates in the low teens, demonstrating tha