The Latest Breaking News from Interest Rates

Central banks around the world are rising rates, but offering hope that the end is in sight, while crude oil hits a seven-month low.

The biggest single rate hike in the history of the European Central Bank and Liz Truss’s energy bill support package are the major areas of focus for traders today.

What we are about to get is the exact opposite of Thatcherism: an inflationary boom where we try to live beyond our means, but delivered with Thatcheresque determination, writes Sean O’Grady

A fresh sell-off hit Asian equities on Wednesday as concerns over a stronger dollar and rising global interest rates added to pressure on capital flows.

Asian shares are mostly lower, as pessimism prevailed about higher interest rates ahead and Wall Street continued a slump

The Bank of Thailand (BoT) will raise interest rates gradually to curb inflation risks and ensure a smooth recovery as the economy is expected to return to pre-coronavirus-pandemic levels late this year or early next year, BoT governor Sethaput Suthiwartnarueput said.

High inflation, rising interest rates, increased borrowing costs, and recession fears have posed significant challenges for the cruise shipping industry. With the macroeconomic environment expected to remain uncertain, fundamentally weak cruise shipping stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are expected to remain under pressure. So, we think…

Why are you getting virtually no interest on your savings?

Soaring commodity exports and positive agricultural forecast expected to be balanced by Reserve Bank’s moves to counter inflation