The Latest Breaking News from Interest Rates

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

Japan’s Nikkei bounces back with a 10% surge, as Fed officials try to reassure markets that US is not in recession

The RBA has left the cash rate on hold at 4.35% for a sixth meeting in a row, but says inflation is proving persistent

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week

A shocking day on the stock market has stoked fears of a US recession (though Australian rate cuts could be the silver lining), and crossbenchers are mad about the government’s proposed gambling ads policy.