The Latest Breaking News from Interest Rates

Experts predict RBA interest rate decision today will lift cash rate to 1.85%, marking a 175-basis point increase since May

Analysis: Bank ruling that borrowers no longer have to show they can afford steep repayment hikes raises questions over how to curb excessive borrowing

Rates expected to rise again, by 0.25% or 0.5%, increasing costs for millions of borrowers

Test required potential homebuyers to prove they could afford three-percentage-point rise in interest rates

The multi-decade high inflation has forced the Federal Reserve to raise benchmark interest rates several times this year, and the central bank could consider hiking the interest rates further. While the rising rate environment has led to a sell-off in most sectors, it bodes well for financial companies, including banks.…

The major shake-up sees affordability tests scrapped

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

Rising tuition costs, increasing student loan interest rates and a higher cost of living in the U.S. has left potential college students questioning the value of a college degree. Many students regret how much student loan debt they took out for their education; in a Bankrate survey about student loan…

As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth. Some commentators believe that the Fed will need to be as aggressive as Fed Chair Paul Volcker in the…

House prices in Australia are dropping at their fastest since the global financial crisis — and market conditions are "likely to worsen" as interest rates continue to rise, according to property analytics firm CoreLogic.

Big corporations are using inflation as cover to raise prices. Yet the US Federal Reserve is raising interest rates – further hurting Americans