Search
11 results for “interest rates”
Topics
Australia's Central Bank Lifts Rates to a 15-Year High — Borrowers Brace for More Pain
The RBA's fourth hike of 2026 takes the cash rate to 4.60%, adding hundreds of dollars a month to average repayments — and new research says a single hike can suppress homeownership for a decade.
Credit Card Debt Hits a Record $1.26 Trillion as America's Savings Buffer Runs Thin
Card balances set their eleventh straight quarterly record at a 22.15% average APR, while the savings rate sank to a near-20-year low. A practical payoff playbook.
Mortgages Top 7% Again: The Global Borrowing Squeeze Hitting the US, UK and Australia
American 30-year rates are back above 7%, Australia's cash rate hit a 15-year high, and UK fixed rates keep climbing. What borrowers and buyers should do now.
The Fed's September Rate Hike Is Good News for Savers — If You Move Your Money
The Fed's first rate increase since 2023 is pushing the best savings accounts above 4.50% APY — while the national average still sits below 0.4%. Here is how to capture the difference.
Central Banks Are Raising Rates Against a War They Can’t End
The RBA hiked to 4.60%, the Fed signals more to come. But interest rates can’t produce oil — and the dilemma has no good answer, only less-bad ones.
"This Is Tough": RBA Governor Michele Bullock on Why Australia's Rate Pain Isn't Over
After a fourth 2026 rate rise took Australia's cash rate to a 15-year high of 4.6%, Bullock faced the press for an hour — and refused to rule out more.
The Squeeze on Households: Mortgages Near 7%, Gold Slumps, and the Real Cost of Higher-for-Longer
Borrowing costs are climbing while the classic safe haven falters. From 6.97% mortgages to gold's seven-week low, here is how the rate-hike cycle is landing on ordinary household finances.
Australia Joins the Global Rate-Hike Wave as Central Banks From Oslo to Tokyo Tighten Together
The Reserve Bank of Australia lifted its cash rate to 4.60%, a 15-year high. From the Fed to the ECB, Norway to Japan, central banks are tightening in near-unison against war-driven inflation.
The Fed Hikes for the First Time in Three Years: What September's Rate Increase Means for Your Money
The Federal Reserve lifted its benchmark rate to 3.75%–4.00% in a unanimous vote, signaling that more hikes are likely before year-end. Here is what drove the decision — and what it means for mortgages, savings, and credit cards.
September's Global Rate U-Turn, Explained: Why Central Banks Are Raising Interest Rates Again
From the Fed's first hike in three years to Australia's fourth increase of 2026, central banks are reversing course. Here's what changed, why inflation is back, and what it means for your money.
The Fed Just Raised Rates for the First Time in Three Years. Here's What It Means for Your Money
On September 16, 2026, the Federal Reserve lifted its benchmark rate to 3.75%–4.00% — the first increase since July 2023 — and signalled the tightening may not be over. We break down why it happened, what the dot plot revealed, and what it means for mortgages, savings, and markets.