The Latest Breaking News from Interest Rates

Market experts have reacted to the RBI repo rate revision.

Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of another currency crisis. No stranger to booms and busts as well as sharp swings in its currency, Turkey has long been considered among…

Staff across sectors from ­transport to telecoms asked for pay rises, but Boris Johnson claimed increasing salaries could force the Bank of England to up interest rates

One in four 2019 Conservative voters says he should have stepped down

The National Institute of Economic and Social Research said the Chancellor failed to insure against the risk of rising interest rates.

The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…

Borrowers may find themselves in a ‘mortgage prison’ but low jobless rate means most households should still be able to pay off their loan, experts say

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…

Base rate to rise by 0.25% and quantitative easing to stop in July after ECB warns about inflation

This marks the first time the bank has raised rates in eleven years.

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