Us Rate Hike

Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand.

Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.

The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.

The US Federal Reserve voted Wednesday to keep interest rates at a 22-year high, while forecasting an additional rate hike before the end of the year to bring down inflation.

The crypto market valuation cascaded by 1.79 percent in the last 24 hours. Minor losses struck Bitcoin and Ether along with most of the top ten cryptos by market capitalisation today. The market situation may change after US Federal Reserve Chair Jerome Powell’s speech on Friday. Investors are expecting an end to the rate hike cycles, which may i...

The crypto market cap, in the last 24 hours, dropped by 7.29 percent. Bitcoin and Ether both registered losses of around seven percent on Friday. Most cryptocurrencies tagged behind the top two coins into the loss-ridden part of the crypto chart.

The overall crypto market valuation rose by 0.54 percent in the last 24 hours. While Bitcoin and Ether grew in prices with small profits, Dogecoin fell off its high horse now that the initial excitement around Twitter’s re-branding to X seems to have worn off. The US federal reserve, meanwhile, has announced another interest rate hike, taking the...

Indian shares and the rupee are expected to open marginally higher today helped by the US Federal Reserve policy raising its benchmark lending rate.

The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.

Bitcoin and Ether, along with most other cryptocurrencies, stepped into the last week of July reeling under losses. Stablecoins like Ripple, Binance USD, and USD Coin recorded losses alongside Cardano, Polygon, and Shiba Inu. The US may get news about another interest rate hike later this week, due to which most cryptocurrencies have failed to mint...

The overall valuation of the crypto sector incurred a loss of 3.42 percent in the last 24 hours. All of the top ten cryptocurrencies by market valuation are trading in losses on Thursday, June 15. The US Federal Reserve, in its latest update said that it will maintain the risen interest rates and also cautioned about potential future rate hikes to ...

The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating that another sharp increase could be needed before year-end.

The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.

The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...

Rupee is poised to open higher on Thursday, after largely in-line US inflation data made it more likely the US Federal Reserve will not raise rates at its next meeting.

Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand.

Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.

The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.

The US Federal Reserve voted Wednesday to keep interest rates at a 22-year high, while forecasting an additional rate hike before the end of the year to bring down inflation.

The crypto market valuation cascaded by 1.79 percent in the last 24 hours. Minor losses struck Bitcoin and Ether along with most of the top ten cryptos by market capitalisation today. The market situation may change after US Federal Reserve Chair Jerome Powell’s speech on Friday. Investors are expecting an end to the rate hike cycles, which may i...

The crypto market cap, in the last 24 hours, dropped by 7.29 percent. Bitcoin and Ether both registered losses of around seven percent on Friday. Most cryptocurrencies tagged behind the top two coins into the loss-ridden part of the crypto chart.

The overall crypto market valuation rose by 0.54 percent in the last 24 hours. While Bitcoin and Ether grew in prices with small profits, Dogecoin fell off its high horse now that the initial excitement around Twitter’s re-branding to X seems to have worn off. The US federal reserve, meanwhile, has announced another interest rate hike, taking the...

Indian shares and the rupee are expected to open marginally higher today helped by the US Federal Reserve policy raising its benchmark lending rate.

The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.

Bitcoin and Ether, along with most other cryptocurrencies, stepped into the last week of July reeling under losses. Stablecoins like Ripple, Binance USD, and USD Coin recorded losses alongside Cardano, Polygon, and Shiba Inu. The US may get news about another interest rate hike later this week, due to which most cryptocurrencies have failed to mint...

The overall valuation of the crypto sector incurred a loss of 3.42 percent in the last 24 hours. All of the top ten cryptocurrencies by market valuation are trading in losses on Thursday, June 15. The US Federal Reserve, in its latest update said that it will maintain the risen interest rates and also cautioned about potential future rate hikes to ...

The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating that another sharp increase could be needed before year-end.

The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.

The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...

Rupee is poised to open higher on Thursday, after largely in-line US inflation data made it more likely the US Federal Reserve will not raise rates at its next meeting.