US Midterms: Frustrated voters, Trump’s low interest rate push and Fed’s stoic stance
The Republican heads into the upcoming midterms amid an elevated interest rate and most importantly, voters angry with high gasoline prices and home mortgages...
Tag : interest rate
Fed raises interest rates ahead of US midterms, Warsh calls it ‘right decision’
The decision taken by the apex bank has effectively put a stamp of acknowledgement on the Trump administration's inability to control inflation...
Coinbase sees transaction revenue dip as investors reject riskier crypto assets
Coinbase's crypto transaction revenue, in the Q2, dropped 21% to USD 599 million, as investors fret over Fed rate and volatile geopolitics...
Gold rebounds after a poor June, heads for weekly gain as Fed bets ease
Weak US jobs data is causing the dollar to fall, making buying and holding gold cheaper for people using other currencies...
Japan’s 10-year yield inches higher after moderately firm bond auction
The 10-year bond yields climbed to a near three-decade high in the previous session, leading to the January 6 auction, as markets braced for further interest rate hikes by the Bank of Japan...
Banking concerns for US property market
One of the largest commercial real estate lenders in the New York metropolitan area before its bankruptcy was Signature...
Will a hike in interest rates reduce inflation?
On August 4, Bank of England announced a 0.5 percentage point rate hike, the biggest in more than a quarter of a century....
Interest rate cut below zero could support UK’s recovery: BoE
A policymaker states that pushing the interest rate would be good for growth...
British banks prepare for negative interest rates
For now, the the central bank has avoided falling into negative interest rates; former governor urges people to stash money at home...
GCC countries slash interest rates to lower loan costs
The rate cut follows the US Federal Reserve’s decision to reduce rates by 25 basis points...