ECB started discussing rate cut
HELSINKI, March 15 (Reuters) – The European Central Bank council last week began a discussion on when to reduce interest rates, council member Olli Rehn said on Friday. “If inflation continues to fall and, according to our estimation, sustainably downwards towards the target, we can close to the summer already slowly start easing our foot […]
Putin wins Russia election in landslide with no serious competition
MOSCOW, March 17 (Reuters) – President Vladimir Putin won a record post-Soviet landslide in Russia’s election on Sunday, cementing his already tight grip on power in a victory he said showed Moscow had been right to stand up to the West and send its troops into Ukraine. Putin, a former KGB lieutenant colonel who first rose to power […]
Powell’s Fed Rate-Hike Plans Get Jolted by Inflation
Jerome Powell could deliver a hawkish surprise on Wednesday even after effectively pre-announcing 50 basis-point interest-rate increases at the Federal Reserve’s meeting this week and in July.樂威壯Fed Rate-Hike Plans Get Jolted by Inflation”>(more…)
Jun 11 The market’s biggest fear these days: Strong economic data
As we move through the next couple weeks and couple months, data that come in hotter than expected, you would expect that the market would greet that more negatively.犀利士r these days: Strong economic data”>(more…)
Fed Can Sidestep Big Recession in Inflation Fight
Bloomberg) — Former Federal Reserve Chair Ben Bernanke said Fed leaders could pull off a so-called soft landing as long as supply-side inflation pressure improves.犀利士Big Recession in Inflation Fight”>(more…)
Gold carried to record high on wave of momentum with focus on US rates
LONDON, March 5 (Reuters) – Gold hit a record high on Tuesday, with growing expectation of U.S. monetary easing and continued geopolitical risk buoying activity from momentum-driven funds which could propel the precious metal further. A wider robust fundamental backdrop added support, including strong physical demand in Asia and central bank purchases as well as […]
Bitcoin soars to record high, then tumbles
WASHINGTON/LONDON/SINGAPORE, March 5 (Reuters) – Bitcoin touched a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall. The world’s largest cryptocurrency hit a high of $69,202, topping November 2021’s all-time peak of $68,999.99. Investor interest has increased since the Securities […]