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US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

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US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
Bank of America Securities
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May […]
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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

Bitcoin.com
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 
0.25%
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]
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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

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

Bitcoin.com
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
1998
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year LowWhile the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed […]
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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

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

Bitcoin.com
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
benchmark interest rate
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of ValueAfter 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 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will “enable investors to store value.” Discouraging Speculative Borrowing Monetary […]
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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Bitcoin.com
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
American Psychological Association
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday GoodsAs the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday items has driven […]
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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Bitcoin.com
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
American Psychological Association
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday GoodsAs the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday items has driven […]
Read more
Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

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

Bitcoin.com
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
150 bps
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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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

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