The Latest Breaking News from Interest Rates

NIESR warns British economy would be one of the worst affected by protectionist policies

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.

Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.

Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the pound rising against most other currencies

Ongoing turbulence from controversial flight upgrades is set to rumble the parliament sitting week before interest rates and the US election take centre stage.

Commodity prices turned mixed results in October even though bearish price action in the bond market and the pushed interest rates higher and bullish action in the dollar index tends to weigh on raw material prices.

Recent employment figures show slowing job growth, prompting expectations of a Federal Reserve interest rate cut.

The dollar index (DXY00 ) on Thursday finished little changed. The dollar Thursday recovered from a 1-week low and was little changed on better-than-expected US economic news that was hawkish for Fed policy. Weekly jobless claims unexpectedly fell to a 5-month low, and Sep personal spending rose more than expected....