The Latest Breaking News from Interest Rates

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The US trade gap narrowed in November as imports and exports both fell while higher interest rates bite, the government reported Tuesday.

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

Market expectations have increased for global central banks to ease their aggressive monetary tightening campaigns and begin cutting interest rates this year. With inflation pressures expected to continue receding, the Federal Reserve, European Central Bank (ECB), and Bank of England (BOE) are expected to lead the push to lower interest...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.20%. Stocks this morning are mixed, with the Dow Jones...

Stock markets retreated Monday, extending a weak start to the year, after a forecast-busting US jobs report further dampened hopes of an early cut to interest rates in the world's biggest economy.

Major Asian equity markets were trading lower after Wall Street logged its worst week in the past 10 on Friday

Property experts share their thoughts about the year ahead.

With house prices bottoming out and banks competing for fixed-rate mortgages, now could be the time to get on the property ladder or secure a better deal on your existing loan.

The dollar index (DXY00 ) on Friday increased slightly by +0.03%. The dollar Friday was whipsawed in volatile trade. The dollar climbed to a 3-week high Friday morning after the stronger-than-expected U.S. Dec payrolls report dampened expectations that the Fed would soon cut interest rates. However, the dollar gave up...

U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.