The Latest Breaking News on Rates probably on hold but all eyes on RBA governor

The forecast leaves the UK economy languishing behind sanctions-hit Russia

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash

The Bank of England will announce its decision on Thursday

Andy Haldane says starting mortgage rate rises sooner would have nipped inflation in the bud

Growth of 2.9% suggests a soft landing despite rate rises, say some analysts, as others still forecast a ‘mild recession’

The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped by consumption and business investment although recession fears loom. Economic activity has been easing as the US central bank hiked the benchmark lending rate seven times last year, in hopes…

The consumer champion told viewers of Money Show Live that most people are still being ‘ripped off earning diddly squat’.

Australian homeowners are being warned to brace for at least two more interest rate hikes in early 2023 after fresh inflation figures.