The Latest Breaking News from Interest Rates

Seventh consecutive freeze comes despite fall in rate of inflation to 2% target last month

Swiss National Bank cuts interest rates in response to easing inflationary pressure, diverging from global trend.

Thefts of groceries and alcohol are increasing, with police citing the cost of living and high interest rates as factors turning non-offenders to crime.

Bank decision on interest rates comes a day after inflation fell to 2%

Insolvencies for Australian businesses have reached a record high as high inflation, elevated interest rates and weaker consumer demand squeezes margins.

Despite persistent fears around high interest rates, the economy continues to perform well thanks to strength in the labor market, steady consumer spending, and strong industrial production. Given bullish market trends, it could be wise to invest in fundamentally sound stocks Progressive Corporation (PGR), Energy Transfer (ET), and Williams Companies…

Hopes have been raised that lower levels of inflation will mean interest rates cuts and in turn lower mortgage costs

UK inflation slowed to 2 per cent in May, dropping to its lowest level since July 2021

These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting.