The US dollar continues its rally against the euro as reflected by the EUR/USD exchange rate dropping to a two-decade low. The pair traded as low as 0.99 yesterday, in what seems to be an almost verti...
Tag: Decades
Spain and France’s Inflation Rate Highest in Four Decades
The inflation rate may have slowed in the US, but elsewhere, it’s a different story. In fact, both France’s and Spain’s inflation rate has increased to a level not seen in almost four decades. Officia...
For The New York Mets, A Series Win Over The Atlanta Braves Delivers A Statement Decades In Coming
NEW YORK, NEW YORK – AUGUST 07: Edwin Diaz #39 of the New York Mets celebrates after defeating the … [+] Atlanta Braves 5-2 at Citi Field on August 07, 2022 in New York City. (Photo by Mik...
Successfully Running MicroStrategy For 3 Decades, Saylor Steps Down As CEO After Firm Bears Huge Bitcoin Losses
– Advertisement – Microstrategy’s Michael Saylor is stepping down as CEO to concentrate on Bitcoin advocacy as company chairman. Please join the @MicroStrategy management team at 5pm ET ...
One of the greatest financial historians alive says central bankers have been incompetent for decades and inflation is our ‘big hangover’
Who or what is responsible for the rampant inflation plaguing the global economy? President Biden has argued the key culprit is Russian President Vladimir Putin and his war in Ukraine, going so far as...
Widely Watched Yield Curve at Most Inverted in Decades After Fed Hike
(Bloomberg) — One of the Treasury market’s more widely watched yield-curve indicators extended its inversion after the Federal Reserve’s decision to lift its benchmark rate in line with expectat...
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’ – Economics Bitcoin News
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 b...
The Fed’s next interest rate hike ‘might be the biggest in decades.’ So we asked 6 real estate pros: What might that do to mortgage rates?
What might happen to mortgage rates soon? Getty Images/iStockphoto Word on the street is that the Federal Reserve may raise rates by 1% at their July 26 meeting — as they try to quell inflation that n...
The euro and dollar are worth the same for the first time in 2 decades. Here’s how their values have changed during that time
For the first time in nearly two decades, the exchange rate between the euro and the dollar is roughly the same. The unusual event is a boon to U.S. tourists in Europe, but not so good for Europeans ...
Governor Bowman says wages ‘have not kept pace with inflation’ despite fastest rise in decades
The economy seems to be on a tough path; however, the top brass on Wall Street is divided on how serious it can get. Namely, CEO of JPMorgan (NYSE: JPM) Jamie Dimon referred to a tight rope the Federa...
Indiana Pacers Facing Their Most Important NBA Draft In Decades
NEW YORK, NY – JUNE 25: Myles Turner reacts after being selected 11th overall by the Indiana Pacers … [+] in the First Round of the 2015 NBA Draft at the Barclays Center on June 25, 2015 i...
Polio Spread Detected In London Sewage For First Time In Decades
Topline Several related samples of the virus that causes polio have been detected in the U.K. for the first time in decades, the U.K.’s Health Security Agency said Wednesday, leading British health of...
What the Fed’s biggest rate hike in decades means for the bear market in bonds
Historically bad. That’s how the mammoth $53 trillion U.S. fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo...
Amid Highest Inflation In Four Decades, State Lawmakers Seek To Alleviate Harm
Inflation hit 8.6% in May, the highest inflation rate in more than four decades. getty The Bureau of Labor Statistics Consumer Price Index report released on June 10 showed an inflation rate of 8.6% f...
Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth
MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...
Russia, Ukraine Both Suffer Worst April In Two Decades For U.S. Trade
Newly released U.S. Census Bureau data shows that in looking at the month of April over the last two … [+] decades, both Russia and Ukraine suffered the steepest losses from March this year. Apr...
Central banks launch most widespread rate rises for over two decades
Central banks are raising rates rapidly in the most widespread tightening of monetary policy for more than two decades, according to a Financial Times analysis that lays bare the reversal of their pre...
Around The World’ Documentary, Now Re-Released Decades Later
Still from ‘The Police: Around the World.’ credit: Image provided by Mercury Studios By 1980, the British rock trio the Police had already established themselves as a successful group in t...
Bank of America Clients Hoard Cash at Highest Level in Two Decades
(Bloomberg) — Investors are piling into cash as the outlook for global growth plunges to an all-time low and stagflation worries mount, according to a Bank of America Corp. fund manager survey t...
DXY Crosses Two Decades High – Trustnodes
The dollar has never been stronger since the booming heydays of the naughties when the economy was growing at 5%, year after year. The dollar strength index, DXY, has just risen to 103.9, overtaking t...
Should you buy or sell the JPY amid the steepest fall in two decades?
The Japanese yen is free-falling, as reflected by the USD/JPY exchange rate moving above 131. This is the steepest fall in two decades, but it is not the first time when the Bank of Japan (BOJ) has tr...
Bitcoin Getting Obliterated as Dollar Index Surges to Highest Level in Decades
Alex Dovbnya King Dollar has reached the highest level in two decades against a basket of other top fiat currencies as Bitcoin keeps getting pummeled The Bitcoin price has collapsed more than 8% over ...
Dow Jones Jumps After Fed’s Biggest Rate Hike In Two Decades; Two Oil Stocks Score Breakouts
The Dow Jones Industrial Average rallied in late-afternoon trading, as did the Nasdaq and S&P 500, following comments from Fed Chairman Jerome Powell. Indexes initially were volatile after the Fed...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. “Infla...
The Fed is about to do something it has not done in two decades: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, May 4, 2022 In the face of rising infla...
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
The Fed is widely expected to raise the benchmark U.S. interest rates by 50 basis points (0.5 percentage point) at its May meeting next week. In a panel hosted by the International Monetary Fund (IMF)...
Procter & Gamble Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Procter & Gamble PG has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 2.3% yield...
Fed may need to be even more aggressive fighting inflation as U.S. household cash exceeds debt for first time in three decades, warns Deutsche Bank
With U.S. households looking in good financial shape, the Federal Reserve may need to be even more aggressive raising interest rates to cool the economy and bring down high inflation, according to a r...
Mammoth End of Decades Crypto Forecasts By Raoul Pal
Raoul Pal, macro guru is calling cryptocurrency the quickest growing asset class in the history of humankind and forecasts behemoth growth of the market by the end of this decade. In their latest inte...