Tag Archives: interest rate hike

U. S. Monthly deficit shrank versus 2020, as government collected more revenue and pulled back on spending.As lawmakers prepare for another hike in the debt ceiling, it remains important to explain why it is economically feasible for the U.S. to keep borrowing, as long as interest rates stay low, partly …

The dollar index jumped sharply on Wednesday, with the euro hitting a 16-month low against the U. S. currency, after U.S. consumer prices surged to their highest rate since 1990, fueling speculation that Fed may raise interest rates sooner than expected.The consumer price index rose 0.9% last month after gaining …

Bitcoin’s rally weakened on Tuesday, suggesting that buyers took some profits at around the $68,500 all-time price high. Despite a short-term retreat, upward price targets are expectedfor both BTC and ETH over the next month.There is a positive sentiment that often prevail the crypto markets near every year’s end. Price …

Rate hike chances are gaining more appeal throughout financial markets for the BOE after the November meeting, given the actual inflation profile, in which there was a 95%+ chance of a 15-bps hike. The European Central Bank has made clear that it does not intend on raising rates anytime soon, but …

Investors await fiscal policy announcement, Wednesday, for clues that Canada’s central bank is turning more hawkish. Led by Governor Tiff Macklem, the Bank of Canada is expected on Wednesday to raise its inflation forecast and to largely end stimulus related bond buying program, starting a countdown of sorts to the …

The Bank of Canada will continue pulling back its stimulus that has been in place to support the economy at a policy decision this week, paving the way for the start of interest rate increases next year amid inflation concerns.Governor Tiff Macklem is expected to reduce weekly government bond purchases …

New Zealand Prime Minister Jacinda Ardern announced today, Thursday, that her country has signed a historic Free Trade Agreement (FTA) with Britain, adding that the free trade agreement will boost New Zealand’s gross domestic product by about one billion New Zealand dollars, through the unprecedented access of New Zealand products …

On Wednesday, gold rose for a second day following comments by Federal Reserve Bank official that played down the possibility of imminent rate hikes.Gold gained positive traction for the second successive day and shot to fresh weekly tops, closer to the $1,790 level during the early North American session, meanwhile …

New Zealand’s dollar declined 0.34% to $0.6939, away from a four day peak at $0.6981.The Reserve Bank of New Zealand will decide on the state’s fiscal policy on Wednesday, with markets expecting a quarter point rate hike. With markets already pricing a rate hike cycle, the likelihood of material NZD …