Tag Archives: interest rate hikes

The US Fed announced on Wednesday that it raised the policy rate, federal funds rate, by 25 basis points to the range of 4.75-5% following the March policy meeting. This decision came in line with the market expectation. Summary of Economic Projections, known as the dot plot, will shape how …

The Fed is expected to hike interest rates by 25 basis points. The dot plot, or Overview of Economic Projections, will influence how the markets respond. The FOMC must strike a balance between dealing with inflation pressures and financial issues. The likelihood of a 25 bps increase this week is …

On Thursday, March 23, at 08:30 GMT, the Swiss National Bank (SNB) is scheduled to declare its Monetary Policy Decision. As the release time draws near, below are the predictions made by the economists and researchers of 5 major banks on the impending central bank’s Interest Rate Decision. Notwithstanding the …

The US dollar gains momentum as US yields surge ahead of FOMC decision. On the data front; Canada’s CPI rose 0.4% in February, core up 0.5%. The USD/CAD pair’s support lies at 1.3650 with no change. The USD/CAD pair bottomed at 1.3643 following the release of Canadian inflation data, the …

Gold price drops on risk-appetite improvement, and US Treasury bond yields are surging. The US Treasury bond yields rise, with 10-year TIPS, a proxy for real yields advancing above 1.30%.The Federal Reserve will commence its two-day monetary policy meeting, expected to deliver a 25-bps rate increase. Gold price is tumbling …

Wall Street’s main indexes were set to open higher on Tuesday as the rescue of Credit Suisse calmed nerves about a bigger banking crisis, while investors awaited the outcome of the Federal Reserve’s monetary policy meet. Traders now largely expect a 25-basis-point rate hike after the Fed’s two-day meeting concludes …

As US inflation is still high and as the banking sector encounters difficulties, and as both facts necessitate and demand opposite responses, the Fed is widely seen as stuck between a rock and a hard place ahead of FOMC meeting. Fed Chair Jerome Powell is still required to continue the …

As investors evaluated a state-backed acquisition of Credit Suisse and the likelihood that the Federal Reserve would leave interest rates unchanged this week, Wall Street’s major indexes began neutral on Monday. The Dow Jones Industrial Average rose 10.35 points, or 0.03%, at the open to 31,872.33. The S&P 500 opened …

Gold price surged further to the upside during the US, breaking above $1,988.50 per ounce at the time of writing. Late on Friday, the Gold Index XAU/USD stands at the highest level since April 2022 and on its way to the third-highest weekly close on record.From the level it had …

At the time of writing, the price of one bitcoin is $26495. Bitcoin is on track for one of its largest weekly rises in recent memory, supported by bets on future interest rate reductions as the token weathers the financial sector’s turbulence.Since Monday, the biggest digital asset has increased by …