Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed round in a bid to boost institutional adoption for DeF...
Tag: Rates
ETH Funding Rates at All-Time Low as Ethereum Prepares to Ditch PoW
Barring any unforeseen technical challenges, Ethereum will transition to a proof-of-stake consensus mechanism in about one hour, according to EtherNodes estimations. This time might vary, depending on...
FX rates projections based on central banks’ terminal rates
As we enter the second half of the trading month, the FX market participants prepare for an increase in volatility until the end of the trading year. 2020, central banks were racing to raise rates in ...
Rates at 4.5% Would Sink Stocks by 20%
(Bloomberg) — Ray Dalio came out with a gloomy prediction for stocks and the economy after a hotter-than-expected inflation print rattled financial markets around the globe this week. Most Read ...
How To Fix Inflation (Beyond Just Raising Interest Rates)
| Getty Images Key Takeaways One of the main tools The Fed uses to fix inflation is raising interest rates. This is an example of monetary policy. The government can introduce fiscal policies to reduc...
Mortgage demand declines 29% from last year as rates eclipse 6%
A for sale sign is posted in front of a home that is listed for over $1 million on April 29, 2022 in San Francisco, California. Justin Sullivan | Getty Images Mortgage demand appears to have nowhere t...
Ethereum Price Slashes Hard With the Release of the Fresh CPI Rates! Can The Merger Revive The Rally? – Coinpedia – Fintech & Cryptocurreny News Media
The highly anticipated US CPI rates are out and as expected, the market has collapsed heavily. The Bitcoin price dropped close to $21,600 while the Ethereum price squashed close to $1600. The markets ...
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation data for Augu...
When Is The Fed Raising Interest Rates?
The Fed & Inflation. Getty Images Key takeaways Federal Reserve Chair Jerome Powell has made it clear that the central bank will continue to raise interest rates until inflation is tamed. Economis...
Crypto lending rates sink below the most secure US government debt
Cryptocurrencies are now at what appears to be a crossroads in a bizarre twist with the allure of Treasuries, which provide a comparable reward for a great deal less risk. Interestingly, cryptocurrenc...
Is It Bear Season? Inflation, Interest Rates, And The Stock Market
| Getty Images Key Takeaways Bear markets are defined by a 20% drop in stock prices. The average length of a bear market is typically nine months. Investors can use dollar cost averaging during bear m...
Despite Mortgage Rates, You Should Buy a House Right Now
You can’t time the housing market. That statement, on the surface, seems like it’s wrong, but over 50 years of sales data suggest broadly that the right time to buy a house is always now. ...
‘Frigid’ future ahead for housing market as mortgage rates scale new heights
‘Frigid’ future ahead for housing market as mortgage rates scale new heights The interest rate on America’s most popular home loan surged this week, surpassing its mid-summer high as federal regulator...
Can you avoid that 6% mortgage rate? Here’s what pros think will happen next with mortgage rates
What might mortgage rates look like this month? Getty Images This past week, average 30-year mortgage rates crossed the 6% mark — though many borrowers can still snag lower lower rates than that — aft...
European Central Bank Raises Interest Rates by 75 Basis Points
Bitcoin News In July, it saw a half-point uptick—the first increase in 11 years. Lagarde predicts a significant slowdown in economic activity. Following a trend of interest rate increases from major c...
New York declares state of emergency over polio to boost low vaccination rates
New York Gov. Kathy Hochul on Friday declared a state of emergency over polio to boost vaccination rates in the state amid further evidence that the virus is spreading in communities. Poliovirus has n...
ECB credibility not so robust as rates hiked by 75 bps
In a “major step” the European Central Bank’s Governing Council, unanimously decided to raise its three key interest rates by 75 bps earlier today. Responding to historic levels of consumer inflation ...
Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points
In an attempt to fight the galloping inflation, the European Central Bank, similar to its counterparty overseas, raised the key interest rates by 75 basis points. Unlike the Fed’s interest rate hikes,...
Mortgage Rates Hit Highest Level Since 2008 In Latest Bleak Sign For Housing Market
Topline Mortgage rates are at their highest level since the Great Recession, according to data released by Freddie Mac Thursday, as housing affordability continues to slump. A for sale sign is posted ...
ECB raises rates by 75 bps but expects to avoid recession
Euronext NV is keeping flat on Thursday even after the European Central Bank lifted its key interest rates by 75 basis points. Further rate hikes are expected Last week, consumer prices were reported ...
European Central Bank Follows The Fed, Raising Rates 75 Basis Points
FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
4 takeaways after the ECB hiked policy rates by 75bp for the second time ever
The European Central Bank (ECB) hiked policy rates today by 75bp – the second time on record. In doing so, the central bank is frontloading rates ahead of challenging times ahead. During the press con...
Stocks Rally Even After Powell Reiterates That Fed Will Keep Raising Rates
Topline The stock market rose slightly on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “str...
Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as th...
Homeowners lose wealth as rising interest rates weigh on home values
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Some homeowners are losing wealth as high mortgage rates wei...
Mortgage demand drops further as interest rates shoot back to June high
GP: Homes for sale Brittany Murray Via Getty Images | Medianews Group | Getty Images In June the average rate on the 30-year fixed shot over 6% briefly, and that was enough to turn the once-hot housin...
Why Are Interest Rates Going Up? Here’s What Investors Need To Know About It
| Getty Images Key Takeaways The Federal Reserve is aggressively increasing interest rates to slow the economy down. In 2022, the Fed raised interest rates 200 basis points, or 2%, in hopes of slowing...
Rising Interest Rates Are Good News for These 2 ‘Strong Buy’ Stocks
Since Federal Reserve Chairman Jerome Powell spoke at the Jackson Hole symposium last month, markets have been slipping – and largely in response to his comments. The central bank head made it clear i...
Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates
Topline The stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more ...
Ethereum Futures See Funding Rates Go Negative as the Merge Draws near
Join Our Telegram channel to stay up to date on breaking news coverage The Merge update is about to arrive to make Ethereum’s transition to Proof-of-Stake complete. But the latest figures tell us that...