The Latest Breaking News from Interest Rates

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

Borrowing costs at their highest level in 14 years

MPC members will look at other developments in UK and abroad in mission to increase interest rates

All three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.

As inflation remains elevated, the Fed will likely raise the interest rates by another 75 basis points next week. This could induce further volatility in the market. So, we think investing in quality leisure stocks Playa Hotels & Resorts (PLYA) and Accel Entertainment (ACEL) could be wise. Read more.

September 2022 is going to be exciting. Although historically, this is a bad month for the stock markets. But it is not so for the crypto markets. In my humble opinion, there are a couple of key events that investors should be looking at very closely as they are all…

Australia’s housing crisis is becoming even worse - despite falling property prices - according to new research.

‘Sensible’ to use windfall levy or solidarity taxes to limit extra borrowing, says thinktank

The Bank of Canada has raised interest rates again in an effort to quell inflation. The central bank raised its policy rate by 0.75 percentage points on Sept. 7, bringing its benchmark overnight rate to 3.25 per cent. Economists are expecting the central bank to raise it again before the…