The Latest Breaking News from Interest Rates

Bank tips economy to shrink 1% in downgraded forecast, but also predicts lower inflation and interest rates

John Allan says the rising cost of food and power will be joined by soaring mortgage costs

Andrew Bailey says UK borrowers can expect to feel impact of Truss government’s tax and spending decisions

Hungary's government has expanded its existing scheme that caps mortgage rates effective Nov. 1 to include mortgages carrying fixed interest rates up to 5 years, it said in a decree published late on Friday.

On Monday the Sveriges Riksbank prize (the Nobel Prize for Economics) was awarded to Ben Bernanke. We can trace the last century of American economics in his life's work. He's often described as the saviour of the last recession. But what about this one?

‘The living standards pain from rising interest rates will be widespread,’ says analyst

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

U.S. retail sales stalled last month as shoppers grew more guarded about discretionary purchases amid the worst inflationary environment in decades and rising interest rates.

September’s CPI data revealed that inflation is far from being eased despite the Fed’s aggressive interest rate hikes. This reinstates the view that the central bank will raise interest rates more aggressively later this year. Since the market is expected to remain under pressure on concerns over a recession, it…