The Latest Breaking News from Interest Rates

The better-than-expected May employment report indicates that the Federal Reserve will continue to raise interest rates aggressively this year. Since the fears of an economic slowdown are expected to keep the stock market extremely volatile, it could be wise to bet on high-quality large-cap stocks McKesson (MCK), Novo Nordisk (NVO),…

Home owners have been making moves to fix their rate following the cash rate rise in May, however one financial advisor said it may be too late.

Business & Investing: Investors worried Fed likely to continue hiking interest rates again, JP Morgan CEO warns of an 'economic hurricane' and oil prices rise 50% in first six months of year

Turkey will continue cutting interest rates rather than hiking them in the face of high living costs, President Tayyip Erdogan said on Monday, playing down inflation of more than 70% as one of several problems for the economy. In a speech, Erdogan also redoubled his commitment to boosting production, exports…

On June 1, the campaign Michiganders for Fair Lending submitted signatures for a ballot initiative that would appear on the November ballot.

Stocks rose broadly in morning trading on Wall Street Monday, led by more gains in big tech companies

Australians are being hit with a double whammy of rising mortgage costs and falling property prices as interest rates rise.

The global surge in inflation has brought to an end a long period of low interest rates and forced central banks around the world to try to bring prices under control by raising borrowing costs. Inflation in the eurozone soared to an all-time peak of 8.1 percent in May, precipitating…

Economists split on how much Reserve Bank will lift cash rate on Tuesday as it looks to rein in inflation

Fiscal transparency and accountability must be ensured to create room for market confidence in a high public debt regime

The US dollar is up 12% against the euro over the past year and, at €0.93 (34.22 baht), is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently…