Euro zone inflation climbed again to a new high of 9.10% in August – suggests the flash estimates from the region’s statistics office Eurostat on Wednesday Key takeaways from the August inflation repo...
Tag: Hike
Euro-Zone Inflation Hits Record as ECB Hawks Push Jumbo Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Euro-area inflation accelerated to another all-time high, ...
Rate Hike Expectations Boost the Euro and the Dollar
On 31st August, the greenback was bigger and more powerful than expected U.S. economic reports and aggressive Federal Reserve remarks indicated increased interest rates, but rate-hike expectations in ...
Binance Coin Price Prediction for Today, August 30: BNB May Hike
Join Our Telegram channel to stay up to date on breaking news coverage A line of price corrections had taken place in the BNB/USD market operations as the crypto’s price may hike after it reached a no...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
Bitcoin Cash Loses 10% In Last 24 Hours, Despite 40% Hike In Trading Volume
Bitcoin Cash had shed 24% of its value in the previous 12 days. Leading coins like Bitcoin (BTC) and Ethereum (ETH) have also experienced double-digit losses over the past 26 days as a result of the b...
Week’s Best: Fee Hike at Vanguard
Vanguard has long maintained two platforms—a legacy mutual-fund-only offering and a brokerage—but it is now pressuring longstanding mutual-fund customers to switch over to the brokerage wing or incur ...
Experts Fear Unusually Large Interest Hike, Is Crypto Crash Unavoidable?
Fed chair Jerome Powell took an aggressive stance at the annual Jackson Hole speech. The annual conference, hosted by the Kansas City Fed, is a gathering of esteemed economists to lay down the Fed’s e...
What Sony’s PlayStation 5 Price Hike Means For You
The PlayStation 5 is about to get more expensive in multiple markets. Here’s how much it’s going to … [+] cost. Future Publishing via Getty Images via Getty Images Sony announced an ...
Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ – Bitcoin News
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said i...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping inve...
Markets Now Expect 50bps Hike At September Fed Meeting
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board … [+] building in Washington, Wednesday, July 27, 2022. (AP Photo/Manuel Balce Ceneta) Copyrig...
Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June. Bitcoin fell with U.S. stock...
Fed Officials Offer Mixed Signals on Size of September Rate Hike
(Bloomberg) — US central bankers offered divergent signals over the size of the next interest-rate hike, with St. Louis’s James Bullard urging another 75 basis-point move while Kansas City’s Est...
Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction
Updated at 4:20 pm EST The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes, minutes from the central bank’s July...
NZD/USD forecast as the RBNZ prepares another rate hike
The NZD/USD price pulled back on Tuesday as investors wait for the upcoming interest rate decision by the Reserve Bank of New Zealand (RBNZ). The pair dropped to a low of 0.6327, which was lower than ...
Fed Minutes May Reveal Inclinations on Size of Next Rate Hike
(Bloomberg) — An account of the debate at the Federal Reserve’s July policy meeting, set to be published after two weeks of whiplash on Wall Street, will probably offer clues as to what would pu...
U.S. Postal Service to temporarily hike prices for holiday season
A United States Postal Service (USPS) worker exits a Grumman Long Life Vehicle. Paul Weaver | SOPA Images | Lightrocket | Getty Images The U.S. Postal Service filed a notice Wednesday of a temporary p...
Polkadot Price Prediction for Today August 10: DOT Records 6.97% Hike
The Polkadot price prediction shows that DOT may settle above the upper boundary of the channel as the coin heads to the upside. Polkadot Prediction Statistics Data: Polkadot price now – $9.52 Polkado...
Decoding what USDT’s supply hike on exchanges could mean for investors
The global cryptocurrency market cap fell 2.7% to $1.09 trillion on 9 August evening as investors awaited key consumer price index data. Needless to say, major coins across the market fell as uncertai...
Ethereum [ETH] notes unprecedented hike, thanks to its…
The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. In the la...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
Inflation could push Fed into August rate hike
CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation...
FTM Is in an Equilibrium Phase, Trying to Hike
Fantom (FTM) Price Prediction – August 4There have been concurrent trading operations that suggest the Fantom market is in an equilibrium phase against the US fiat currency. The market’s all-time low ...
Bank of England enacts its biggest rate hike in 17 years
FTSE 100 ended roughly flat on Thursday even though the Bank of England announced its biggest rate hike since 1995. Key rate raised to 1.75% Governor Andrew Bailey lifted rates by 50 basis points this...
U.K. Central Bank Forecasts Recession This Year—Joining U.S. And Eurozone With Historic Rate Hike
Topline The Bank of England on Thursday predicted that the U.K. will fall into a recession in the final quarter of this year as it announced its steepest rate hike in nearly three decades, following s...
UK faces big inflation shock, defends historic hike
LONDON — The Bank of England on Thursday defended its decision to hike interest rates at the fastest clip in 27 years, saying the U.K. faces a “very big” shock to inflation. BOE Governor A...
EUR/GBP forecast ahead of a giant BoE interest rate hike
The EUR/GBP price moved sideways on Thursday morning as investors focused on the latest Germany factory orders and the upcoming Bank of England (BoE) interest rate decision. The pair was trading at 0....
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed – Bitcoin News
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian associati...
Following Fed’s Recent Hike And Negative GDP Report, Mortgage Rate Drops Significantly
Mortgage rates took a downturn following the Federal Reserve increased its benchmark rate. On Thursday, the popular rate on 30-year fixed mortgages came down to 5.22% from 5.54% on Wednesday. The rate...