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

Annual rate falls in December, although it remains at one of the highest levels in 40 years

Inflation last month is set to be lower than it was in November after reaching a 41-year high in October

Fears of an impending recession have been a drag on the stock market for quite a while now. As the Fed continues to stay hawkish, a global recession seems imminent. Hence, fundamentally weak stocks Verve Therapeutics (VERV), Bed Bath & Beyond (BBBY), and Party City Holdco (PRTY) might be best…

But Bank of England’s Andrew Bailey says worker shortage may still pose major risks in cost of living crisis

All four sectors were hit hard, but signs of easing inflation offers hope

Experts forecast falling energy costs and a halving of inflation lie ahead but warned some will still struggle

An interest rate increase? On the agenda? Try eight, actually happening. Dr Lowe and his RBA colleagues did get left behind.

Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers.

With interest rates going down, is now the time to fix your mortgage?

Latest GDP figure beats expectations in surprise boost to the economy

With the Fed signaling to continue raising interest rates throughout this year, the probability of the economy tipping into a recession is increasing. Amid the macroeconomic unrest, fundamentally sound large-cap stocks UnitedHealth Group (UNH), Walmart (WMT), and Eli Lilly (LLY) might be safe investments this year. Read on….