The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases a...
Tag: Rates
Bitcoin and Ethereum Take A Nosedive As Fed Signal More Interest Rates Hike ⋆ ZyCrypto
Advertisement     BTC, ETH, and SOL shed value on Wednesday following the central bank’s decision to increase interest rates again. Digital assets were not alone as t...
The Fed raises rates again
Yesterday the Fed announced yet another rate hike. In reality, not only was it a widely expected hike, but also its magnitude, namely 50 basis points, was perfectly in line with expectations. Nevert...
ECB & Bank Of England Lift Interest Rates; Crypto Market Reacts
On Thursday, the European Central Bank (ECB) slightly reduced its record rate of interest rate increases, joining the U.S. Federal Reserve and other central banks around the world in stepping up their...
The Fed raised interest rates again. Where to earn 3-5% on your savings account
Where to earn more on your savings account. Getty Images/iStockphoto On Wednesday, The Federal Reserve raised its benchmark interest rate by half a percentage point, bringing the federal-funds rate up...
ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheet
President of the European Central Bank Christine Lagarde attends a hearing of the Committee on Economic and Monetary Affairs in the European Parliament on November 28, 2022 in Brussels, Belgium. Thier...
Swiss central bank lifts interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, t...
DigiByte Price Prediction As Fed Hikes Interest Rates By Half A Point
Join Our Telegram channel to stay up to date on breaking news coverage DigiByte price has gained over 4% over the last 24 hours amid a general crypto market mid-week rally. On Wednesday, the Federal O...
Crypto Market Tumbles As Fed Hikes Rates By 50 Bps
Crypto News Today Live Updates December and Latest News: (15 December 2022) The global crypto market printed red indexes on Thursday morning. The cumulative market cap is down by over 1.07% over the p...
Powell Sees Rates Higher for Longer, But Market Doesn’t Buy It
(Bloomberg) — Federal Reserve Chair Jerome Powell says the central bank has more work to do in raising interest rates and vanquishing inflation. Investors on Wall Street seem to see the outlook ...
Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points
The Fed raised interest rates by 50 basis points (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to 4.25-4.5%. Bitcoin reacted with an imme...
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls
(Photo by Robert Alexander/Getty Images) Getty Images Key Takeaways Inflation was up just 0.1% in the month of November, bringing the headline annual rate to 7.1%, down from 7.7% last month. Today the...
Fed Now Sees Rates Topping 5% In 2023
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US. Rates are expected to mov...
Fed Hikes Rates by Only 50 Basis Points, but Remains Hawkish
Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The Fed’s decisi...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over despite some promising signs lately. Keepi...
The Fed projects raising rates as high as 5.1% before ending inflation battle
Federal Reserve Bank Board Chairman Jerome Powell answers reporters’ questions during a news conference following a meeting of the Federal Open Market Committee (FMOC) on November 02, 2022 in Wa...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
U.S. Fed lifts rates by 50 basis points
The U.S. Federal Reserve just delivered its well-telegraphed 50 basis points increase in interest rates – a day after the consumer prices were reported to have eased further to 7.1% in November. That ...
Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next Year
Topline The Federal Reserve on Wednesday eased up on its most aggressive economic tightening campaign in three decades, raising interest rates by 50 basis points (after four consecutive three-quarter ...
Mortgage demand inches higher as interest rates move lower
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022. Steve Pfost | Newsday | Getty Images After a month of declines, mortgage application volume is rising...
The Fed Will Lift Rates at Its Meeting Today. What to Expect After That.
The Federal Reserve’s efforts to tame runaway inflation appear to be working, but there is still a long way to go. Investors rejoiced on Tuesday, sending stocks higher after the release of a fifth-str...
Mortgage rates drop after CPI inflation report
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mort...
Is Mortgage Demand Falling As Buyers Respond To High Interest Rates, Low Supply?
| Getty Images Key takeaways Mortgage applications fell 1.9% from the previous week for the week ending on December 2, with many potential homebuyers likely waiting to see what the rate hike announcem...
CPI Rates at the Lowest Levels in the Past 6 Months Uplifts the Bitcoin Price Close to $18,000!
Bitcoin & Ethereum prices have been trading slightly higher levels than the previous couple of days, manifesting minor recovery phase While the crypto markets are heading towards the end of yearly...
Carvana Close To Bankruptcy And Impact Of Rising Interest Rates Starting To Hit Home
Getty Images TL;DR The impact of rising interest rates is starting to hit home, with sectors that rely heavily on debt beginning to feel the impact of lower demand Used car retailer Carvana looks clos...
2023 Will See Lower Inflation Rates, Predicts US Treasury Secretary
This year, the Fed has been relentless in hiking the interest rates in response to rising inflation. Since interest rates are the principal weapon used by the Federal Reserve (the central bank of the ...
Bitcoin miners, BTC halving rates, and what HODLers can expect in 2024
A new report suggests that the next Bitcoin halving could trigger a rally However, miners could face the pressure as revenues and fees dwindle The next Bitcoin [BTC] halving, which is expected to occu...
More Economic Signs Point to a Recession and Higher Interest Rates
The Federal Reserve’s heavily telegraphed move to slow its pace of monetary-policy tightening next week risks sending a message to markets that the central bank is well on its way to reining in inflat...
Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week – Coinotizia
Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “p...
Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week – Economics Bitcoin News
Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “p...
Opinion: Opinion: The Fed should pause rate hikes since inflation has slowed — it won’t
The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a...