The Latest Breaking News from Interest Rates

Long period of high interest rates expected, meaning higher costs for homeowners whose fixed-rate deals are coming to an end

The Fed chair expressed confidence that inflation, despite some signs of persistence in the most recent monthly data, is still heading lower even as the economy has kept growing.

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

The Mexican government says it will pay half of interest rates on bank loans to rebuild the 377 hotels destroyed or heavily damaged by Hurricane Otis

The Federal Open Market Committee (FOMC) later today is widely expected to hold interest rates steady for a second meeting while also leaving the possibility of a 25 bp rate hike at the December meeting if U.S. economic growth remains buoyant. The FOMC’s rate decision and post-meeting press conference by...

Although the Fed will likely keep the interest rates unchanged in its upcoming meeting, financial companies will likely benefit from the high-interest rate environment, with no possibility of a rate-cut initiative soon. Therefore, it could be wise to add fundamentally strong financial stocks Global Payments (GPN), Visa (V), and FirstCash…

The International Monetary Fund (IMF) released a report this week calling on Australia to raise interest rates again, adding to the speculation the Reserve Bank will increase the cash rate on Tuesday.

An expected announcement on the future of the country’s biggest steel plant has been delayed, after reports that thousands of jobs could be lost

Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month