The Latest Breaking News from Interest Rates

US central bank holds interest rates at 22-year high, but expects to cut rates three times next year as inflation continues to fade

Explore the latest insights on inflation, interest rates, and what's in store for the economy as the Federal Reserve closes its annual meeting.

High interest rates siphoning money away from spending on health, education and tackling climate crisis

Hypothetical retirees from 2017 are in much better financial shape today, thanks to annuities and higher interest rates. Their kids and grandkids stand to also reap the benefits.

Market pricing is now pointing to a first cut as soon as May

Asian shares are mixed ahead a decision by the U.S. Federal Reserve on interest rates

GDP fell by 0.3% in October as Bank of England prepares to keep interest rates on hold

The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week.

The dollar index (DXY00 ) on Tuesday fell by -0.22%. The dollar was undercut ahead of the results of the Tue/Wed FOMC meeting, where hopes have risen for the Fed to signal that it will start cutting interest rates next year. The dollar was also undercut by Tuesday’s decline in...

An underwhelming CPI report means the Fed isn't done fighting inflation just yet.

After more than a decade of disappointment, the world’s wealthiest countries may have finally fulfilled their 2009 promise to mobilise $100 billion a year to help developing countries face the climate crisis. But the harsh truth is that developing nations are going to have to pay most of that money…