Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn’t move so...
Tag: Rate
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike – Bitcoin News
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes th...
Why Crypto DEXs Are Increasingly Embracing a Fixed Staking’s Rate?
For most people today, savings accounts (mostly offered by financial banks) are the most common way people seek to preserve the value of their cash and make a profit. By simply opening a bank account,...
China Q1 GDP Beats Expectations, Unemployment Rate Rises
The GDP China recorded in Q1 exceeded analysts’ expectations to rise 4.8% despite COVID-induced economic contraction affecting employment. Despite the impact of lockdowns caused by the Covid outbreak,...
Here’s How Crypto Is Expected to Move Amid Rate Hike: Historical Analysis
Arman Shirinyan Cryptocurrency market may face its toughest tests quite soon Contents Historical review Conclusion Back in March, the Fed announced the first rate hike in 22 years of 25 basis points. ...
BoJ official says digital yen won’t be used to achieve negative interest rate
The Bank of Japan (BoJ) has said that its central bank digital currency (CBDC), the digital yen, will not be used to help attain negative interest rates. The BoJ’s executive director, Shinichi Uchida...
Argentina Raises Key Rate To 47% as Inflation Hits 20-Year High
(Bloomberg) — Argentina’s central bank raised interest rates for the fourth time this year after inflation data published earlier in the day showed prices increasing at the fastest monthly pace ...
BTC Mining Becomes More Competitive, Hash Rate Hits 207 EH/s
Bitcoin (BTC) touched an all-time high of more than $68,000 in November last year. The price of the world’s most valuable digital currency directly impacts its mining revenues. Amid BTC’s recent price...
USD/TRY prediction: CBRT rate decision preview
The USD/TRY price is in a tight range ahead of this week’s Central Bank of the Republic of Turkey (CBRT) interest rate decision. The Turkish lira is trading at 14.60 against the US dollar, where it ha...
Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...
EUR/USD forecast ahead of the ECB interest rate decision
The EUR/USD pair is in the spotlight ahead of the latest US retail sales data and the interest rate decision by the European Central Bank (ECB). It is trading at 1.0882, which is slightly above the lo...
USD/CAD forecast ahead of the BOC interest rate decision
The USD/CAD pair has been in a strong bullish trend in the past few days. The pair is trading at 1.2642, which is about 1.95% above its lowest level this month. Focus now shifts to the upcoming intere...
Cardano’s Annual Interest Rate Spikes to 54% as Binance Running Short on Supply
Arman Shirinyan One of the biggest exchanges on the market craves additional supply Contents Why does exchange increase the interest rate? Cardano loses gained confidence One of the biggest cryptocurr...
Danish Inflation Rate Hits Nearly 40 Year High – Worst to Come
Danish inflation has hit a 37-year high and economists are warning it will rise further, impacting millennials and young adults the most. Denmark’s largest bank, the Danske Bank, published a report on...
Rate of Women investing in crypto is higher than men in Australia, but how?
Usually, it’s been seen that the economic and financial sector is considered male-dominated, but in Australia, the scenario seems different In Australia, women are investing more and at a higher...
Bank earnings expected to decline despite boost from Fed rate hikes
Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected t...
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...
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours – Coinotizia
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% ...
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours – Altcoins Bitcoin News
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% ...
Mortgage rate trap is making the housing market worse
One big factor that helped numerous homeowners save money is ultimately hurting homebuyers. Call it the interest rate trap. Years of historically low rates, especially in the last two years, have help...
Russia Pivots to Shield Economy With Surprise Jumbo Rate Cut
(Bloomberg) — Russia’s central bank unexpectedly slashed its key interest rate in a sign of confidence that the worst of the financial turmoil triggered by the invasion of Ukraine is past. Most ...
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...
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course ...
Quant Explains How Bitcoin Funding Rate Predicted The Latest Top
A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms ...
Fed’s Bullard says interest rate policy is ‘behind the curve’ but ‘all is not lost’
James Bullard Olivia Michael | CNBC The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed P...
Gold price outlook as safe-haven appeal offsets rate hike bets
Gold price has held steady after the FOMC meeting minutes. Granted, higher Treasury yield have continued to curb its upward potential. Nonetheless, it is finding support in the Russia-Ukraine war and ...
Bitcoin and Crypto Correct 5% As Market Braces for the Biggest Fed Rate Hike
Bitcoin (BTC) and the broader crypto market have corrected 5% as investors decide to turn risk-averse preparing for the biggest Fed rate hike. Earlier today, Bitcoin fell to a low of $42,700 before re...
Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet
Topline With numerous Federal Reserve officials sounding the alarm on inflation, minutes from the central bank’s latest monetary policy meeting released Wednesday hinted at bigger interest rate hikes ...
Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?
I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...