The Latest Breaking News from Interest Rates

Company warns that next 12 months will be tougher, with economy likely to go into recession

MANILA: The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday.

Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Upstart Holdings (UPST), and Marathon Digital (MARA) are not well-positioned to capitalize on the current interest rate environment. One should avoid…

Labour shortages are the number one concern for business leaders, closely followed by inflation and rising interest rates.

The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets

With markets, technocrats and voters on their backs, can politicians change anything?

John Allen, chairman of Tesco, said some people will face hardship this winter, on top of increased costs of food and energy, if interest rates continue to push up mortgage repayments

High energy prices, surging inflation, rising interest rates and global economic weakness to blame

Britain’s economy is expected to shrink around 0.2 per cent each quarter from October through to June next year