The Latest Breaking News from Interest Rates

Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation. Soaring prices and central banks' battle to rein them in have sent…

Asian stock markets are mostly higher after the Federal Reserve chairman said the U.S. central bank wants to avoid causing a recession but one is possible as it raises interest rates to cool surging inflation

The surging inflation and the Fed’s efforts to tame it by aggressively hiking interest rates have led to many analysts forecasting a recession later this year. Investors must consider picking up stocks that generate passive income in an uncertain economic environment. Medtronic (MDT) recently announced an 8% increase in its…

Billionaire hedge fund manager Ray Dalio recently offered his take on whether rising interest rates could help improve the economy.

Federal Reserve Chair Jerome Powell underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central bank’s fight against surging prices could tip the economy into recession

Superannuation funds are set to record their worst performance since the GFC as sharemarkets plunge due to high inflation and rising interest rates.

Property pices are rocketing but many experts are predicting a slowdown in price growth later this year, explains Ben Chapman

Martin Lewis is urging borrowers to “act now” if they’re on a fixed rate deal that will end soon, or if you’re on a variable rate. It comes after the Bank of England hiked interest rates to 1.25%

Emir of Qatar Sheikh Tamim bin Hamad Al Thani warned on Tuesday of a wave of global economic stagnation and inflation that the world has not seen in 45 years, citing a slowdown of growth in the global economy by about a third this year. Speaking at the opening of…