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Tag: benchmark interest rate

Bitcoin, Ethereum Hold Ground After Further Signs of Inflation’s Retreat

Consumer prices fell slightly in December, with Bitcoin and other cryptocurrencies holding their ground in hopes of smaller interest rate hikes from the Federal Reserve.The...

GBP/USD Outlook: BoE’s Pill Sees Likelihood of Ongoing Inflation

Britain still faces the threat of ongoing inflationary pressure due to a tight labor market. Markets anticipate the BoE will increase rates...

Unprecedented rent growth in Canada: Reasons and How to Cope with It?

Guest Post | Jan 6, 2023 Image: Freepik/xb100 What's Behind the Unprecedented Rent Rise in Canada, and How Can You Deal With It? According to Statistics Canada,...

ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation

43 mins ago | 2 mins read Bitcoin News European Central Bank’s benchmark interest...

USD/JPY Forecast: Easing US Inflation Confirms the Fed Pivot

US consumer price inflation increased less than anticipated last month. The core CPI increased by 6.0% in the twelve months ending in...

USD/CAD Weekly Forecast: Investors Eying BoC Rate Decision

Markets have reduced the probability of a 50bps rate hike from the BoC. The Fed will likely still slow rates after the...

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex)...

Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value

After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to...

Crypto Investors Shrug Off Fed Rate Hike as Bitcoin and Ether Post Modest Gains 

Crypto markets took the Fed hike well in stride, with BTC and ETH posting modest gains.

Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year

Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This YearA recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]

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