The Latest Breaking News from Interest Rates

Markets drifted in Asia on Wednesday, with investors trying to navigate an uncertain economic landscape as central banks hike interest rates to fight runaway inflation, in turn fueling fears of a possible recession. But while officials at the Federal Reserve and its peers are expected to keep tightening monetary policy…

As the Reserve Bank considers another rate increase today, a more equitable approach would seek to shift the costs of dealing with inflation on to the least vulnerable, argues Edward Miller

While the higher cost of living has impacted vulnerable borrowers and driven some of them back to debt relief measures, banks' current holding of interest rates unchanged will help ease their financial burden, said an executive of the Bank of Thailand.

Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.

While thermometers have been well into the red across the northern hemisphere, people are panicking about the cost of energy bills once winter starts to bite. According to the latest forecasts in the UK, the minimum price cap for households’ electricity and heating costs is set to more than double…

Millions of homeowners were warned on Tuesday that the Bank of England’s monetary policy committee could raise interest rates by a further 0.5 per cent next month - hiking their mortgage payments.

Chinese recovery from lockdowns shows signs of fizzling out as central bank cuts interest rates

The lowdown for different categories of borrower as interest rates continue to rise

By raising interest rates, the Federal Reserve strengthened the U.S. currency—and revealed its centrality to global order.

Higher interest rates and the cost of living crisis were cited for the drop in market activity

The Westpac consumer sentiment index fell for a ninth consecutive month as interest rates, falling housing prices and high inflation woes mount.