The Latest Breaking News from Interest Rates

Australian consumer prices jumped an extraordinary 2.1% in the first three months of the year, the biggest quarterly jump since the introduction of the 10% goods and services tax at the start of the century.

The Federal Reserve could raise interest rates to 3.5% by the middle of next year to curb spiralling inflation, tipping the world economy into a recession, according to the Economic Strategy Unit of Tisco Financial Group (Tisco ESU).

High inflation comes with a heavy economic price, but so can the Federal Reserve’s attempts to get it under control.

A handful of major bank branches in Beijing have said that they will lower upper limit on interest rates for some fixed deposits by around 10 basis points, Caixin has learned

Markets tumbled across the globe today on fears China is heading for a sharp slowdown and the expectation that America is poised to ratchet up interest rates.

Asian shares have declined after U.S. stocks tumbled last week as global markets’ expectations for higher interest rates set the tone

Up to a million people are turning to illegal money lenders to pay bills, despite sky-high interest rates. Three-quarters of victims are on benefits. Ten years ago 300,000 used loan sharks

Some readers see the housing slowdown as their first chance to buy while those already on the ladder could be hit hard by rising interest rates

Wells Fargo writes that despite the beat in Q1, Intuitive Surgical Inc (NASDAQ:ISRG) sounded cautious on U.S. capital placements, given rising interest rates and inflationary pressure at hospitals.  "We think this commentary was partly driven by the need to recalibrate Street models for fewer trade-ins as the number of legacy Si systems declines. Overall,…