The Latest Breaking News from Interest Rates

U.S. banks are anticipated to face pressure due to prolonged high interest rates, elevated deposit costs, diminished credit demand, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Woori Financial Group (WF), Intesa Sanpaolo (ISNPY), and Shinhan Financial Group…

December data comes amid speculation over when European Central Bank will cut interest rates

Growth rates driven by shortage of properties on market, says mortgage lender, with typical home worth £287,105

From a potential roaring 20s in the markets to recession fears in the UK, here’s our look ahead to the year in finance

The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

US vehicle sales got a boost from strong demand in 2023, due in part to attractive offers by automakers and dealers in the face of high interest rates and stubborn inflation.

The average rate on a two-year fixed mortgage deal has fallen from 5.92 per cent to 5.87 per cent

Climate finance was a major focus at the recent COP28 summit, but one set of game-changing institutions remains largely missing in such conversations: central banks.