The Latest Breaking News from Interest Rates

Cycle of interest rate rises are expected to continue after better than forecast economic data

Soaring interest rates and end of help-to-buy scheme blamed for driving away first-time buyers

Chinese exports fall 12.4 percent in June compared with a year earlier amid slowing global demand.

China has reported its exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation

Gold was the best-performing precious metal in Q2 and over the first six months of 2023. The rare metal fell 2.01% in Q2 but was still 5.65% higher than the 2022 closing price on June 30. Gold remains in a long-term bull market, and the prospects are for higher highs…

Inflation eased markedly last month, but that won't keep the Fed from raising interest rates, pros say.

‘Not too early to start chilling the champagne,’ says one analyst as traders toast drop in consumer inflation

The Bank of Canada has just hiked its interest rate by another 25 points to five per cent — the second quarter-point hike since June’s interest rate increase to 4.75 per cent. The central bank has been steadily increasing interest rates over the past three years in an effort to…

Consumer credit growth is slowing due to high interest rates and banks implementing tighter lending terms on credit cards.

Bank of England says millions of homeowners will be paying up to £220 more a month by end of year

Rising interest rates haven’t slowed consumer spending enough to bring the economy into a recession so far, but it could still be on the horizon.