The Latest Breaking News from Interest Rates

Analysts are expressing shock at a decision by Mexico’s central bank to cut interest rates on the same day that official figures showed a sharp rise in domestic inflation

Reserve Bank governor says there is ‘considerable uncertainty’ over Australia’s economic future and the board ‘remains vigilant’

Shares have mostly gained in Asia, with Japan's benchmark Nikkei 225 index falling shortly after the open and then bouncing as it climbed higher

Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year

The Reserve Bank considered a rate hike but ultimately held firm yesterday, and Tim Walz is Kamala Harris’ new running mate.

Higher rents are weighing heavily on Australians receiving government support payments as all households experience rising living costs.

Physical lumber prices have recovered after a significant Q2 decline as the market expects lower inflation to lead to falling short-term interest rates. However, the peak construction season will be in the rearview mirror in the coming months, so the wood futures market may have to wait until spring 2025…

Governor Michele Bullock makes clear that any expectation of rate cuts this year ‘not aligned’ with bank’s present thinking

Markets recovered much of their losses on Tuesday