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Tag: interest rate hikes

USD/JPY jumps to 142, BOJ Core CPI next

The Japanese yen is getting pummeled at the start of the trading week.  In the North American session, USD/JPY is trading at 141.90,...

Here’s Why Algorand(ALGO) Price May Outperform Bitcoin In Near-Term Growth

Published 41 mins ago A bullish reversal from the Megaphone pattern’s support trendline offers a recovery opportunity for Algorand coin price. Under...

It’s not too late to fix Australia’s Open Banking bungle, but industry must lead (Matt Tyrrell)

Open Banking's global promise of data democratisation is in danger of faltering in Australia if policy-makers fail to address the needs of businesses.  However...

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 […]

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 […]

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