Tag Archives: interest rate hikes

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Society of Technical Analysts, shed light and commented on the developments in financial markets, most notably on crypto crash and Fed Chair Jerome Powell’s upcoming testimony before the Congress.European Equities: Asked, …

Bank of England policymaker Catherine Mann said on Monday that her views on the BOE’s rate outlook were not about defending the British pound.“There is an important difference of view on the Monetary Policy Committee (MPC) on the resilience of UK consumption,” Mann added. “Since the May MPC meeting, I …

Central banks, categorized as most observed and most monitored around the globe, are coining what can be called a campaign against surging inflation. But this week it became more obvious that they know this could be achieved only at a cost that their economies should endure.US president Joe Biden indicated, …

Liquidity problems could account for the latest crypto crash. Over the weekend, bitcoin price dropped below a key psychological level for buyer support, and so far, has not managed to return above that level.Bitcoin price fell below $20,000 on Saturday and is currently trading at $19,379 on Sunday morning, registering …

Minneapolis Fed President Niel Kashkari said on Friday that he could support another 75 basis points rate hike in July. he also insisted that there is “need to be cautious about too much front-loading on rate hikes.according to Kashkari, “prudent strategy might be to continue with 50 bps rate hikes …

The Bank of England hiked 25 bps and initially tumbled the pound, though later rallied due to a weaker US dollar. The BoE decided not to give any forward guidance regarding the pace and time of monetary policy adjustments.Negative US housing data fueled speculations that the US might be heading …

“The European Central Bank’s (ECB) decision to hike the interest rate is inevitable”, Italian Prime Minister Mario Draghi said on Thursday.“ECB interest rise is bound to be more gradual than in the US,” Draghi added and said that it was totally counterproductive for politicians to comment on the ECB’s policy.As …

The Bank of England (BoE) announced its monetary policy decision this Thursday and hiked rates for the fifth consecutive time to curb soaring inflation. The nine-member Monetary Policy Committee (MPC) voted 6-3 for the 25 bps hike in the bank rate to 1.25%, with the minority – Catherine Mann, Jonathan …

It is typically a central bank-heavy week, with the US Fed having hiked interest rate by 75 points to bring inflation under control. For the Swiss National Bank, inflation is also its biggest problem. The inflation rate is running at its hottest levels since 2008. Ongoing geopolitical uncertainty and higher …

The Federal Reserve raised interest rates by 75 basis points, the biggest increase since 1994, and Chair Jerome Powell said officials could move by that much again next month or make a smaller half-point increase to get inflation under control.Slammed by critics for not anticipating the fastest price gains in …