The Reserve Bank of Australia has kept interest rates at 4.35 per cent.

The Reserve Bank of Australia has kept interest rates at 4.35 per cent.

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Borrowers have longer to wait for mortgage relief as the Reserve Bank of Australia holds the cash rate at 4.35 per cent at the November meeting.

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell...

UK inflation falling below its 2% target has meant that policymakers have been able to cut rates to the lowest level since June last year.

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in...

By Anna Wise, PA Business Reporter UK interest rates have been cut for the second time this year, as the Bank of England forecast a “gradual”...

Michele Bullock says Australians won’t be “tossed out of their jobs” as her Reserve Bank keeps a close eye on the strong labour market before...