The Latest Breaking News from Interest Rates

PM raises spectre of 1970s-style economic crisis that could force dramatic rise in interest rates

The European Central Bank (ECB) is to end a decade of zero or negative interest rates next month when it will raise the cost of borrowing by 0.25 per cent.

Buyers today will be stretched to their limit, just as they were by the interest rates of the late 1980s

Russia's war in Ukraine is derailing the global economy's recovery from the pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its forecast for economic growth, warning of high inflation and a possible food crisis. Also in the show: India's central bank raises interest rates…

Here’s a wild idea for economists to smile at condescendingly: How about the Reserve Bank stands back and lets this inflation episode run its course.

A new report claims that Do Kwon, Founder of TerraForm Labs and Terra (CRYPTO: LUNA), intentionally hiked Anchor Program’s interest from 3.6% to 20%, despite warnings.

Should the RBA stifle the recovery with fast rate rises, workers’ real incomes will continue to fall

The Turkish lira slid 0.9% against the dollar on Wednesday, bringing its losses to 22% this year, after worries about a surge in inflation were fueled by President Tayyip Erdogan's pledge to keep cutting interest rates. The lira stood at 16.93 against the US currency at 0611 GMT, weakening from…

But economists say pulling money out of retirement savings to try to pick the market can result in further losses