Business
What does the raise in interest rates mean?
The BBC's cost of living correspondent Kevin Peachey explains what the change could mean for those saving for a holiday or to buying a house.
Advertisement
Topic
Rates
Business
Interest rates hiked to 4% in first increase in over three years
Most analysts expected the increase from 3.75% to 4%.
Business
Mortgage rates drop for the third straight week, but homebuyers are still leaving the market
Mortgage rates came down again last week, but mortgage demand from homebuyers continued to decline, as high home prices and inflation stretch affordability.
Business
Australia hikes rates to 18-year high to fight inflation
The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.
Business
Fed will vote on rates less often. What that could mean for borrowers
Fed Chairman Kevin Warsh said he plans to reduce the number of rate-setting votes, a move some economists say could delay relief for borrowers.