The Latest Breaking News from Interest Rates

Perhaps it was inevitable — what goes up, up, up, must come down eventually. Homes in the Bay Area are now selling for less than they were a year ago, the only part of California where that is true, as rising interest rates continue to throw cold water on the…

The world's central banks face a nail-biting wait.

The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring. Inflation in the 19-nation eurozone climbed to an all-time high of nearly 10 percent in September, five times…

It’s one of the many effects of the rise in interest rates in the United States: The Japanese yen has fallen to a 32-year low versus the dollar. The government in Tokyo will not allow its 10-year yield to rise above 0.25% — it’s a government finance policy mandate —…

Why REITs Are Being Sold And Avoided Interest rates, interest rate hikes and expectations about further interest rate hikes are creating problems for real estate investment trusts. 

Liz Truss’s successor might not emerge for another week – but Gus O’Donnell warns that is too late

Ben Broadbent says increase already priced into markets would deliver ‘pretty material’ hit to economy

When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the…

In a time of “difficult choices, economic pain and higher interest rates,” the American workforce is exploring new alternatives in order to get by.