The Latest Breaking News from Interest Rates

As 2023 wraps up, here are 10 big predictions for the new year.

Rising interest rates, inflation, and global supply chain issues brought delays in 2023 for the offshore wind industry, but also some projects began generating energy.

Asian markets opened higher on Wednesday, tracking Christmas holiday gains on Wall Street, with investors betting on the US Federal Reserve cutting interest rates as early as March.

Economists’ economic outlook ranges from pessimistic to disastrous — here’s why.

Get the inside scoop on Russia's economic forecast for 2024 in this Reuters poll, with predictions of slower growth amidst lingering high interest rates.

Even during a cost of living crisis, with interest rates and inflation high, the average spending per person for Christmas 2023 in the UK is expected to reach as much as £974. Retailers, advertisers and a sense of tradition continue to encourage us towards ever greater levels of consumption.

Asian markets pressed ahead with their rally Friday as another round of US data further stoked expectations that the Federal Reserve will cut interest rates more than it has indicated next year.

Interest rates are coming down in 2024, it’s just a question of how much and how fast. Investors at this point should shift their focus from inflation, as the Federal Reserve essentially has, to where we are, and what companies will benefit, in the current business cycle. The continued supply…

2023 has been a tough year for the global diamond industry. After a boom during the pandemic, prices of the precious stone have dropped significantly amid oversupply, higher interest rates and increasing competition from lab-grown gems. And starting on New Year's Day, EU members will no longer be allowed to…

The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates

Indonesia's central bank maintains interest rates unchanged as expected, signalling stability in the country's economy amidst global uncertainties.