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Tag: benchmark interest rate

US Banks Borrow $100,000,000,000 From Fed’s Emergency Lending Platform As Industry Fights Crisis of Confidence and Liquidity – The Daily Hodl

The Federal Reserve’s lending program to support US banks is in high demand as borrowings shatter $100 billion. The latest data from the Fed shows...

USD/CAD Outlook: Market Awaits Debt Ceiling Updates

Powell prefers a meeting-by-meeting approach in future policy decisions. Investors are awaiting more talks on the US debt ceiling. Canadian retail sales experienced...

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month...

Stock futures were mixed as investors saw oil prices rise

Stock futures were little changed as investors appreciated a sharp advance in oil prices that sent the S&P 500 higher to start the new...

Weekly Recap: Arbitrum Airdrop, Coinbase vs. SEC

Hello Defiers! Happy Weekend! Here’s what we covered this week… Happy weekend Defiers! Here’s what we covered this week!Arbitrum’s long-awaited airdrop occupied headlines throughout the...

GBP/USD Forecast: Bailey Claims Inflation to Decline in 2023

Shares of Deutsche Bank dropped by about 9% on Friday amid banking sector worries. The British central bank increased its benchmark interest...

The Philippine central bank slows the rate increase pace

Despite persistently rising inflation, the Philippine central bank increased its benchmark interest rate by a quarter of a percentage point. The instability in the...

Markets Trade Lower After Fed Hikes Rates Again

Hello Defiers! Here’s what we are covering today! MarketsNewsSponsored VideoPodcastToday’s SponsorsGet in early on the action and earn up to 290% APY on Bitcoin.com’s Verse...

Markets Trade Lower After 0.25% Rate Hike

Bitcoin and Ether Drop 4% The US Federal Reserve has hiked its benchmark interest rate by 25 basis points in a widely expected decision.Markets turned...

Bitcoin Tops $26,000 as Market Sentiment Turns Risk-On

Bitcoin posted impressive gains of over 6% in the past 24 hours, reaching a high of $26,350 on Friday morning, per data from CoinGecko.Bitcoin’s...

The Week Ahead – Let it sink in

USDJPY rallies as BoJ may stay dovish The Japanese yen weakens as the upcoming BoJ team pledges to continue monetary easing. New governor nominee Kazuo...

USD/CAD Forecast: BOC to Pause Amid Stalled Economy in Q4

Risk sentiment improved after China’s manufacturing activity increased. The Canadian economy unexpectedly slowed in the last three months of 2022. Investors still expect...

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