Tag Archives: interest rate hikes

On Thursday, September 21 at 11:00 GMT, the Bank of England (BoE) is set to reveal its Interest Rate Decision. As the release time approaches, let’s take a look at the predictions provided by economists and researchers from 10 major banks. The consensus among these experts points to an anticipated …

Japan’s Nikkei index closed down more than 1 percent on Thursday, as heavyweight technology stocks tracked their American counterparts after the Federal Reserve showed a tendency to tighten monetary policy and expected to raise interest rates again by the end of the year. The Nikkei index fell 1.37 percent to …

The dollar recorded new highs against some currencies on Thursday, as it remained near its highest levels against the yen since early November, after the US Federal Reserve showed a tendency to tighten after keeping interest rates unchanged. The dollar index, which measures the currency’s performance against a basket of …

When will the Bank of England announce its interest rate decision, and what potential impact could it have on GBP/USD? The Bank of England is widely anticipated to increase the Bank Rate, its benchmark interest rate, by 25 basis points (bps), moving it from 5.25% to 5.50%, with the announcement …

The dollar fell on Wednesday ahead of an expected US interest rate decision by the Federal Reserve later in the day, while the pound sterling fell on growing bets that the Bank of England will halt its historic series of rate hikes. The dollar index, which measures the performance of …

The euro clung to gains on Tuesday after hawkish comments from policymakers at the European Central Bank, while the yen remained near a ten-month low ahead of an interest rate decision from the Bank of Japan later this week. Currency movements were limited in early Asian trading, as markets await …

The dollar moved slightly in Asian trading on Monday, amid a rise in the pound sterling and a decline in the yen after a Japanese holiday and anticipation of a group of upcoming central bank meetings led to a state of stagnation in the markets. The Bank of Japan’s monetary …

The dollar stabilized in Asian trading on Friday, retreating slightly from the gains it achieved on Thursday against other major currencies, while the yuan rose following the release of some strong economic data from China. The dollar jumped on Thursday after US retail sales received a boost from a 0.6 …

The European Central Bank raised interest rates by about 25 basis points, continuing the monetary tightening policy that has been in place for more than a year. According to the monetary policy decision issued today, September 14, the bank raised the deposit interest rate (base interest rate) by 25 basis …

The price of gold is seen under pressure as investors turn their attention to digest the most recent US inflation data due to worries that increase the chance of a last interest rate hike by the US central bank in the remaining months of 2023 could result from upside risks …