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Tag: hikes

Los Angeles Raises Cannabis Tax Rates Keeping the Illicit Market Alive and Well in California

Voters in Los Angeles County voted overwhelmingly in favor of a measure that, will charge business taxes to cannabis operations operating in unincorporated regions, ...

Canadian dollar steady ahead of inflation

The Canadian dollar has edged lower on Wednesday, trading at 1.3254, down 0.18%. Canadian dollar eyes inflation The Canadian dollar has performed well in the month of November, with gains of 2.7%. The unexpectedly soft inflation report out of the US ignited risk appetite, sending equities soaring and the US dollar sharply lower. USD/CAD is […]

UK property market at risk of major downturn as recession fears loom

Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to...

Countdown to 2023: Price hikes for electrified vehicles outpace combustion counterparts

MSRPs for electrified vehicles vs. non-electric vehicles, indexed and mean prices (volume-weighted).As we countdown to 2023, we are sharing (near) daily information pieces, using data from...

EUR/USD eyes ECB rate decision

EUR/USD is in a holding pattern ahead of today’s ECB rate meeting. In the European session, the euro is trading at 1.0068, down 0.16%. ECB projected to hike by 0.75% The ECB holds its policy meeting later today, amidst difficult economic conditions in the eurozone. Inflation jumped to 9.9% in September, up sharply from 9.1%. […]

Breaking: Bitcoin Breaks $20K, Ethereum Explodes In Crypto Rally

The crypto market is experiencing an extremely strong rally. Bitcoin has finally broken the $20K price level and is still surging. BTC has surged 5% in the last 24 hours and over 1% in the last hour. It is currently trading at $20,324. On the other hand, Ethereum is outpacing Bitcoin and is showing extremely

The post Breaking: Bitcoin Breaks $20K, Ethereum Explodes In Crypto Rally appeared first on CoinGape.

Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’

While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of […]

Mike Novogratz Tells the Fed to Let Inflation Be; Could Help BTC

Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If...

The post Mike Novogratz Tells the Fed to Let Inflation Be; Could Help BTC appeared first on Live Bitcoin News.

Bitcoin and Stocks Rise on Fed Pivot Rumors

Nick Timiraos interviewing NY Fed president in 2019

Assets are green today while the dollar falls a bit on yet some more rumors of a potential Fed pivot.

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed to Pivot in DecemberAccording to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

Best Hikes in the U.S. and the Impact of Climate Change

Hiking has been a part of Americans’ lives for generations. Whether discovering untouched land or simply for recreation, this outdoor sport is a part...

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