The Latest Breaking News from Interest Rates

Pound hits five-month low vs euro, shares slide in London, and UK 30-year borrowing costs hit 25-year high

Existing home sales dropped to their lowest level since 2010 due to high interest rates and historically low inventory.

Parking cash is not a dead end. Eleven interest rate hikes from the Federal Reserve have put savers in the driver's seat.

The London Stock Exchange said an '"incident" has caused it to suspend trading in a number of shares.

Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?

Resolution Foundation also calls for Bank to have power to set below-zero interest rates in response to future downturns

The Resolution Foundation is warning the UK is on course for debt to rise to around 140% of economic output over the next 50 years.

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2019 through 2022, while low interest rates made it easier for households to pay their debts

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…