The Latest Breaking News from Interest Rates

Lowest CPI rate in three years but Reserve Bank will wait for more sustained drop before cutting interest rates

The dollar index (DXY00 ) Tuesday fell by -0.43%. The dollar came under pressure Tuesday after China boosted stimulus measures, which fueled a rally in the yuan to a 16-month high against the dollar. The dollar extended its losses Tuesday after the Conference Board’s US Sep consumer confidence index unexpectedly...

Central bank’s governor warns consumers not to expect a return to near-zero rates

Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.

People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough

“​​For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

Many households will have to wait for some time to feel the benefit of lower interest rates.

The US Federal Reserve's decision to cut interest rates by half a percentage-point was "an appropriate and necessary first step," given progress on reducing inflation, a senior bank official said Monday.

No government institution is entirely at arm’s length, but an intervention by Jim Chalmers would likely be calamitous