The Latest Breaking News from Interest Rates

The US central bank is expected to announce a sharp rise in interest rates on Wednesday in an attempt to tackle the cost of living crisis

The Asian Development Bank has downgraded its forecasts for growth in the region, citing the war in Ukraine, rising interest rates to combat decades-high inflation, and China's slowing economy

Inflation is a global problem. At the end of August, it was 8.3% in the US and 9.1% in the Euro area. It is 20.3% in Nigeria, 25% in Malawi, and over 30% in Ethiopia and Ghana.

And what makes it a “growth stock,” anyway?

Turkish President Tayyip Erdogan said inflation is not an "insurmountable economic threat," adding it will begin to fall at the end of the year after it surged to more than 80% in August. Under Erdogan's economic program, Türkiye gradually cut interest rates by 500 basis points at the end of…

Australian shares post solid gains after Wall Street recovers from its two-day losing streak as investors wait to see how aggressively the US Federal Reserve will lift interest rates this week.

As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.

More U.S. consumers are saddled with credit-card debts for longer periods of time, according to a survey, struggling to pay down amid high inflation and rising interest rates.

One of the attractions of real estate investment trusts (REITs) is that some pay exceptionally high dividends. How long this can continue – with the Fed about to raise interest rates – is another question, but, for now, it’s easy to find REITs paying 6%+ dividends.