The Latest Breaking News from Interest Rates

The European Central Bank took centre stage today as policymakers hike dinterest rates by 0.25% for an eighth meeting in a row.

UK mortgage holders face worst squeeze since 1990s crash, while Europe’s central bank hikes borrowing costs to battle inflation

The Fed stood pat on interest rates this time around but the central bank's hawkish outlook made for a volatile afternoon.

Greedflation may force the Federal Reserve to keep interest rates “higher for longer” to fight inflation, pushing the economy into recession.

The dollar index (DXY00 ) on Wednesday tumbled to a 4-week low and finished down by -0.43%. Wednesday’s U.S. May PPI report showed an easing of producer price pressures that knocked T-note yields lower and weighed on the dollar. The dollar recovered from its worst levels after the FOMC raised...

The Federal Reserve stood pat on interest rates but left the door open to future hikes.

After 10 consecutive rate increases, the Fed has decided to hold interest rates steady. Here's what it means for savings rates.

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.