The Latest Breaking News from Interest Rates

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen.

Asian markets rose Friday on easing recession fears, while there were growing hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods. Buying was also boosted by reports that Beijing was considering a huge stimulus shot to the struggling economy by allowing local governments to raise billions of…

Readers respond to our open letter to the RBA boss

Here's hoping we don't wind up with more of the spending and favoritism that's become so common.

Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession. Brent crude futures were up $5.39, or 5.4%, at $106.08 a barrel by 12:23 p.m. EDT (1623 GMT). US WTI crude…

Domestic companies may sell a record amount of new bonds this year as they aim to lock in borrowing costs before any further increase in interest rates, according to the Thai Bond Market Association (TBMA).

Sri Lanka’s Central Bank has raised its key interest rates to 14.50% and 15.50% to try to contain inflation that has added to the country's economic woes

The RBA has raised interest rates by 0.5 percentage points, and now it's up to the banks on how they react to the change. Here's what the Big Four have done.

West Australians already battling with the price of food and bills may fall through the cracks, as the Reserve Bank of Australia attempts to curb rising inflation.

With the second quarter coming to an end for the U.S. economy, there has been a noticeable decrease in interest rates, as the ten-year treasury yield fell to 2.833% on Tuesday.

Small businesses are struggling with record high costs while trying to remain competitive, as consumer confidence falls in response to inflation and rising interest rates.