The Latest Breaking News from Interest Rates

S&P also suffered its worst week since 2023, and Nasdaq since 2022, with tech companies leading Friday’s sell-off

As a rollercoaster week drew to a close, debate centred on the Federal Reserve's plans for interest rates when it meets in less than a fortnight, with most observers expecting a 25-basis-point cut.

So far we have not gone into recession – but only because our population has grown and the government has kept spending

The Australian economy is barely growing as higher borrowing costs and inflation keep a lid on household consumption.

The essence of the impossible trinity is that a country can successfully achieve only two of these goals at any one time.

The Federal Reserve is widely expected to cut interest rates at its next meeting this month but close attention is being paid to Friday's non-farm payrolls (NFP) figures, which are seen as playing a major role in how big the central bank will go.

The financial markets are constantly changing and once profitable instruments fall behind, while others rise to all-time highs. Keeping track of market shifts can be quite difficult, even for institutional investors using AI and unexpected turnarounds and shifts often lead to billions of dollars in losses.

The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation.

The US government's fiscal year significantly impacts financial markets because the federal budget process influences economic policy, government spending, and fiscal stability. As the fiscal year draws to a close on September 30, market participants closely monitor budget negotiations, potential government shutdowns, and funding decisions, which can create uncertainty and…