The Latest Breaking News from Interest Rates

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

Figure estimated to be down by a fifth, as rising interest rates and high house prices had impact

Price trends are unlikely to be straightforward in 2024, even if the RBA’s next move is a rate reduction

City Voices: Why 2024 will be better than 2023

Equities worldwide have had a good year, the pound looks healthy and gold is positively gleaming. Shame about the lacklustre state of most UK shares

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

Over-60s are richer thanks to high interest rates and well-performing pension funds. And the Tory voters among them will look kindly on a chancellor who helps out by cutting inheritance tax

While the commercial real estate market is facing substantial headwinds, it’s far from collapsing. But it’s still a rough road ahead, particularly for the office sector.