The Latest Breaking News from Interest Rates

The Bank of England confirmed an increase in the base rate to its highest level since 2008

On the first Saturday of house hunting since the RBA raised interest rates, prospective buyers in SA are keeping their fingers crossed for relief in the coming months, with the median Adelaide house price hitting $650,000 in the March quarter.

The Bank of England recently announced a lift in the borrowing rate from 0.75% to 1% - the highest level in 13 years, with a chilling warning that the UK economy is set to go into reverse

Many experts are predicting a slowdown in price growth later this year, explains Ben Chapman

According to experts, the Federal Reserve's efforts to control surging inflation by raising interest rates and reducing the size of its balance sheet could eventually tip the nation’s economy into a recession. Furthermore, a plunge in GDP in the first quarter has amplified the risk of a recession this year.…

The Bank of England yesterday issued a stark warning to the British public that the economy is at risk of slipping into a recession as it raised interest rates to 1%

Some of the best mutual funds and ETFs suffered the biggest declines since the financial crisis in 2008. Bright spots remain.

London‘s average house price is now £537,896 but “economic headwinds” are expected to calm the market by the end of the year

Banks including HSBC, TSB and Santander have increased the rates on mortgages to take advantage of the Bank of England's rise, adding £50 a month to the cost of a typical £250,000 loan