Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Interest Rates

US economy slowed but still grew at 2.9% rate last quarter

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession

The Independent UK

Asian shares mixed on hopes for avoiding recession

Asian stock markets are mixed amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation

The Independent UK

Tesla makes record profit, despite inflation, price cuts and Elon Musk's chaotic leadership

Tesla made record profits last year, even as high interest rates slowed down the global economy and hurt consumer sentiment, but the company's boss, Elon Musk, is dismissing speculation the car maker cut prices because of slowing demand, saying demand for the vehicles has reached record highs.

ABC News

From analysis to the latest developments in health,
read the most diverse news in one place.

57% of Americans can’t afford a $1,000 emergency expense, says new report

Rising costs and interest rates have made it more difficult for Americans to save for emergencies.

Fortune

Interest rate hikes: The Bank of Canada's 'resolute' fight against inflation could threaten its credibility

The Bank of Canada “resolutely” declared it will fight inflation by raising interest rates. To demonstrate its unwavering commitment to reaching the bank’s two per cent inflation target, today’s eighth consecutive interest rate hike brings the policy rate to 4.5 per cent. The bank expects to hold the rate for…

The Conversation

Applying for new credit: what you need to know

5.8 million consumers entered the credit market for the first time in 2021, new study says. What you should know before applying for new credit as interest rates rise.

Fortune

With inflation still rising, the RBA will almost certainly lift interest rates in February

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

The Conversation

Read news from The Economist, FT, and more,
with one subscription

Banks tighten belts on agricultural investment loans as interest rates rise

Kate Hand wants to borrow a million dollars to go green on the farm, but convincing the bank is proving difficult.

ABC News

DR Horton saw home sales plunge in the winter but expects solid spring selling season

D.R. Horton, the largest homebuilder by volume in the U.S., saw sales orders plunge in the last three months of 2022 because higher interest rates and inflation continued to create affordability challenges for potential buyers.

Tribune News Service

Santander and Barclays slash mortgage rates as experts predict ‘price war’

Santander and Barclays are the latest mortgage lenders to have brought down their fixed rate deals, despite a looming base rate rise, as brokers expect a “price war”

Daily Mirror

Why 2022 Was A Tough Year For Tech Firms Seeking Funding

With the plummeting NASDAQ, rising inflation and interest rates, war in Ukraine and nervous investors, a tough year for startups.

Zenger

Sri Lanka seen holding rates as inflation fight continues; IMF deal key

The Central Bank of Sri Lanka (CBSL) is widely expected to hold interest rates steady this week, having raised them last year to their highest in more than two decades in order to fight runaway inflation while seeking an International Monetary Fund bailout.

Reuters

Rising rates sustain gains in banks' profits

The trend of rising interest rates supported net profit growth among Thai banks last year, while the banking industry saw strong demand for loans in line with the country's economic recovery.

Bangkok Post

Recession fears if interest rates hiked

Deloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again, with households already hurting.

AAP

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

Top economist Mohamed El-Erian sees inflation getting 'sticky' at 4%—and a growing chorus sees the dawn of a new world in investing

At the World Economic Forum in Davos, the world’s business leaders fretted over the possibility that inflation won’t fall back to central banks’ targets.

Bangkok Post

Pre-holiday cheer lifts many Asian bourses

RECAP: Asian stocks shook off worries about rising interest rates and economic risks to advance yesterday as many investors took profits before the Lunar New Year holiday closes many markets in the region next week.

The Guardian - AU

From interest rates to the ‘race for space’: what is fuelling Australia’s rental nightmare?

After unprecedented growth there are signs rents are beginning to ease, but many experts predict prices will stay high for a while

Evening Standard

New Year economic optimism might not outlast resolutions

City Voices: Economic news has lately been good -- but brace yourselves

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Mortgage clinic: ‘At what interest rate would I no longer be able to pay the mortgage on my rental property?’

Anabela Pereira Santos Yourell asks the experts how high interest rates could be before she wouldn’t be able to pay the mortgage on her rental home.

Fortune

Forget inflation, Jefferies says to watch out for a 'disinflation era' like the early 1980s

When former Fed Chair Paul Volcker hiked interest rates to quash inflation in the early 80s, a recession and disinflation followed. Jefferies sees a similar fate for the economy this year.

Fortune

How much you need to make to afford a $1 million home

Depending on factors including your down payment and whether you're carrying existing debt, we estimate you'd need to earn $210,000 to $290,000 annually to afford a $1 million house.

Evening Standard

BofE Governor Bailey insists ‘corner has been turned’ on inflation

Central Bank chief hints that interest rates may peak at 4.5%

Birmingham Post

Bank of England Governor Andrew Bailey on inflation, interest rates and recession

Andrew Bailey has been on an official visit to South Wales

Edinburgh Live

Martin Lewis details 'snowballing' method of paying off debt 'the right way'

The Money Saving Expert was on hand to helpfully discuss debt repayments and high interest rates with his viewers on his ITV programme, The Martin Lewis Money Show.

The Guardian - AU

The Reserve Bank of Australia should hold off on raising rates again next month. Here’s why

Allowing time for the impact to flow through would be sensible. Inflation is falling, it’s just not yet visible in official figures

1 … 202 203 204 205

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.