The Latest Breaking News from Interest Rates

Values across Australia’s capital cities decline for fifth consecutive month – with only Darwin bucking trend

General Motors Co. U.S. dealers sold 555,580 vehicles in the third quarter, up 24% from last year as inventory levels improved and demand remained strong despite rising interest rates.

Money Saving Expert website founder Martin Lewis urged home buyers to be aware with interest rates expected to rise up to six per cent next year – the highest in 30 years

Australian shares mark their biggest intraday jump in two years, tracking a strong performance on Wall Street.

The United Nations Conference on Trade and Development is calling on central banks in major economies to reverse course on raising interest rates, stating that it is leading the world into a global recession and prolonged stagnation.

The rapid increase in interest rates feels all too sudden for borrowers, but it's not the first time this has happened. Here's how events played out almost 30 years ago.

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.

The Reserve Bank of Australia has finally taken its foot off the accelerator and slowed the pace of tightening after a series of jumbo rate hikes.

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

In 1981 Thatcher took the drastic but successful step of increasing taxes by 2% of GDP to tackle interest rates and inflation. But Truss has just done a reverse-Thatcher, says Oliver Hartwich

Oil prices jumped by more than $3 on Monday as OPEC+ considers reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures rebounded $3.37, or 4%, to $88.51 a…