The Latest Breaking News from Interest Rates

The central bank recently voted to hold its key lending rate at a 22-year high, lifting expectations that it is done hiking interest rates as it seeks to bring inflation down firmly to its long-term target of two percent.

The dollar extended losses Wednesday as traders ramped up bets on the Federal Reserve cutting interest rates in the new year after officials sounded optimistic notes on the battle against inflation.

There have been the best, the worst and the mediocre times for emerging market equities. This year was modest, with the iShares Emerging Markets Index (EEM) gaining 4.3% YTD compared to 18.7% of the S&P 500.

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

Rising interest rates and a shaky commercial real estate sector is weighing on the economy: “You’re operating perennially in a cloud of uncertainty.”

The governor of the Bank of England offered a scathing assessment of Britain’s future, saying interest rates will remain at 15-year highs and the rate at which inflation is falling will slow markedly this month

Might interest rates begin to fall soon? With inflation dropping below five per cent and the UK economy flirting with recession, it's the question everyone from the prime minister to first-time buyers is asking. But this morning, the Governor of the Bank of England poured cold sick all over the…

Andrew Bailey again dismisses speculation about rate cuts, saying fight to bring inflation down to 2% is ‘hard work’

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