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federal reserve

Bitcoin (BTC) Price Poised for Rally with Anticipated US Interest Rate Cut?

by Isaac Wright
Bitcoin (BTC) Price Poised for Rally with Anticipated US Interest Rate Cut?

Bitcoin is likely to remain within the current trading range until a more favorable macroeconomic environment arises. Taking into account the current market conditions, such as profit margins, leverage, and …

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PM Anwar says Malaysia will cut fuel subsidies ‘at the right time’, during Qatar Economic Forum

by Walter Watson
PM Anwar says Malaysia will cut fuel subsidies ‘at the right time’, during Qatar Economic Forum

Malaysian Prime Minister Anwar Ibrahim signalled that he sees no urgency in reducing fuel subsidies, a move that according to him would strain consumers and spur inflation – even though …

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This Week’s US Inflation Reports Are Expected to Shake Crypto Markets

by Isaac Wright
This Week’s US Inflation Reports Are Expected to Shake Crypto Markets

Crypto markets remained flat over the weekend following a fall last week, dropping total capitalization to $2.38 trillion. This week’s economic calendar could induce more volatility as key inflation data …

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Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins

by Walter Watson
Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins

Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It is a question that is undoubtedly preying on the minds …

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Hong Kong Exchange Fund reports US$7 billion gain in first quarter thanks to rise in overseas stock investments

by Ron Morgan
Hong Kong Exchange Fund reports US billion gain in first quarter thanks to rise in overseas stock investments

“The US interest rate cut maybe delayed as a result of high inflation. As such, the high interest rate may last for a longer period of time,” said the de …

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Bitcoin climbs above $60k after US labor market report

by Isaac Wright
Bitcoin climbs above k after US labor market report

The price of Bitcoin has consolidated above $60,000 following the U.S. labor market report issued today. The rise in Bitcoin (BTC) happened shortly after the publication of the U.S. jobs …

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In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention

by Walter Watson
In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention

The US dollar index has risen by more than 4 per cent since the start of the year, triggering alarm bells among central banks in Asia that are running significant …

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‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

by Anas Siddiqui
‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. …

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U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting

by Walter Watson
U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have …

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The Fed rate decision meeting is today. Here are the odds of a cut.

by Ron Morgan
The Fed rate decision meeting is today. Here are the odds of a cut.

U.S. economy slowed during 1st quarter of 2024, falling short of forecasts U.S. economy slowed during 1st quarter of 2024, falling short of forecasts 02:28 The Federal Reserve on Wednesday …

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