The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) Tuesday recovered from early losses and finished up +0.07%. The dollar posted a 5-1/2 month high Tuesday based on hawkish Fed comments. Fed Chair Powell, San Francisco Fed President Daly, and Fed Vice Chair Jefferson said if inflation remains elevated, the Fed will hold interest...

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

The dollar index (DXY00 ) today recovered from early losses and moved up to a 5-1/2 month high based on hawkish Fed comments. San Francisco Fed President Daly said Monday night that there's "no urgency" for the Fed to adjust interest rates and Fed Vice Chair Jefferson said today that...

That’s a little higher than economists had expected

Global stock markets faced downturn due to high US consumer spending, impacting interest rates and bond yields.

While increased interest rates are improving the returns on high-yield savings accounts, that may not be an effective place to park your money for the long term.

The President of the Federal Reserve Bank of San Francisco, Mary C. Daly, has stated that the Federal Reserve should not rush to cut interest rates unless it is deemed necessary. Daly's comments come amidst growing speculation about the possibility of the Fed implementing rate cuts to stimulate the economy.

Pay growth is stronger than expected, underlining dilemma over when to cut interest rates

Learn about fees, credit limits, eligibility, perks, and the role of credit scores when applying for UK credit cards for the first time.

The digital currency hovered around $70,000 most of the week. But it had a tumultuous weekend, falling below $62,000 Saturday before heading back toward $65,000 Sunday morning.

Strong hiring and low unemployment is welcome news though the labour market is expected to weaken as the economy responds to higher interest rates.