U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March...
Tag: Benchmark
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressi...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed – Economics Bitcoin News
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to incr...
ELFSWAP: Setting Benchmark as the Future of Decentralized Perpetual Exchange
What is Perpetual Contract? A perpetual contract is a derivation that allows traders to speculate on the price movement of an asset without really holding it themselves. As a result of its scalability...
Russia’s Central Bank Slashes Benchmark Rate
European Union (EU) leaders formally agreed to ban coal Ruble Rebounds to Pre-War Levels Benchmark rates slashed from 20% – 17% In the midst of the Ukraine-Russia struggle, the Russian ruble has figu...
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels – Economics Bitcoin News
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to prot...
CME Group & CF Benchmarks Set to Launch 11 New Crypto Benchmark Indices on April 25th
CME and CF are rolling out a new real-time benchmark and crypto reference rates to further aid investors in the digital currency space. CME Group and CF Benchmarks recently announced plans to launch 1...
S&P 500 set to exit correction: What history says happens next to stock-market benchmark
The S&P 500 index exited market-correction territory Tuesday, a move that has tended to point to near- and medium-term gains for the U.S. large-cap benchmark in the past. The S&P 500 SPX, +1.2...
Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B
Since the EIP-1559 upgrade, also known as the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol. The implement...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoi...
Fed Raises Benchmark Interest Rate by 25 Basis Points
“I’d say that the market is not going to react to the rate hike but will likely react very sharply to anything said in the statement or more likely, the press conference, that indicates a change...
Can XRD Crypto Prove to be a Benchmark in the DeFi Industry?
What is XRD crypto? Radix (XRD) is a layer one protocol specially built to facilitate Decentralised Finance (DeFi). This is a recently emerged project launched in July 2021 and is yet to get fully unv...
S&P 500 logs first correction in 2 years as Russia-Ukraine conflict escalates. Here’s what history says happens next to U.S. stock-market benchmark
The S&P 500 on Tuesday fell into a correction for the first time in two years, joining the Nasdaq Composite, as Russia sent troops into pro-Russian regions in Ukraine. The S&P 500 index SPX, -...
Global oil benchmark tops $90 for the first time since 2014
An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the fir...
Why The S&P 500 Is A Useless Benchmark For Actively Traded Funds
One of the most important elements of running or investing in a hedge fund or other actively traded fund is to establish a benchmark. Benchmarks enable fund managers to show how they are doing against...
A New Benchmark For Foldables
The Oppo Find N OPPO While Samsung still has an essential monopoly on the foldable market in the west, the scene is heating up in mainland China and parts of Asia for whom importing Chinese gadgets is...