The Latest Breaking News from Interest Rates

The benchmark lending rate comes down from 5.25% to 5% bringing relief to millions of borrowers

The Bank of England has dropped the interest rate by 0.25%, as some of the main lenders rush to offer lower mortgage rates

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year

The Federal Reserve left interest rates unchanged but signaled it could pivot to lowering borrowing costs sooner rather than later.

Chair Jay Powell says central bank ‘getting closer to the point’ of possible rate cut – ‘but we’re not quite there yet’

Insights on the implications of the Federal Reserve's decision to maintain interest rates and potential rate cuts in response to economic concerns.

I'm not saying I don't like my job, but I think I'd quite fancy sitting on the Bank of England's Monetary Policy Committee (MPC) . Not for the money, of course – though a total compensation package of £163,700 per annum sounds decent. Nor even because I take an amateur's…

The Federal Reserve faces pressure for an immediate rate cut but must consider various economic factors before making a decision.

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery from more than a…

Global oil benchmarks Brent crude and West Texas Intermediate surged this Wednesday on the news that Hamas's political leader Ismail Haniyeh had been killed by a suspected Israeli strike in Iran. Fears over a regional escalation of the Israel-Hamas war are fuelling concerns over production and distribution of oil in…