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No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Op...
Jul, 31, 2024
by Bitcoin News
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determ...
Jul, 30, 2024
by Bitcoin News
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits

Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single ...
May, 19, 2023
2 min read
by Bitcoin News
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smalle...
May, 18, 2023
2 min read
by Bitcoin News
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high num...
May, 03, 2023
3 min read
by Bitcoin News
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this ...
Apr, 29, 2023
3 min read
by Bitcoin News
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Fu...
Apr, 27, 2023
2 min read
by Bitcoin News
Gold Slides on Higher US Treasury Yields, Dollar

Gold Slides on Higher US Treasury Yields, Dollar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop o...
Apr, 19, 2023
2 min read
by Bitcoin News
Fed Officials Support Rate Pause In March, But Agreed To Hike – Report

Fed Officials Support Rate Pause In March, But Agreed To Hike – Report

Numerous US Fed policymakers considered a halt in interest rate increases.
Apr, 13, 2023
2 min read
by CoinCu News
China’s Inflation Rate Drops to Lowest in 18 Months

China’s Inflation Rate Drops to Lowest in 18 Months

The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indi...
Apr, 11, 2023
2 min read
by Bitcoin News

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