Opinion | Why we better not count on US interest rate cuts this year
At the end of 2023, bond markets were pricing in 1.5 percentage points worth of monetary easing this year, with the first reduction expected in March. By the end of …
federal reserve
US court rejects Custodia Bank’s bid for Fed master account
The U.S. District Court for the District of Wyoming dismissed Custodia Bank’s plea for a Federal Reserve master account. Custodia Bank, specializing in digital assets, has been seeking a master …
10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016
The price decline last month preceded the government’s lifting of all property cooling measures amid slower than expected economic growth and a high-interest rate environment that has dented demand for …
Will This Week’s Core PCE Data Move Crypto Markets?
Crypto markets rebounded over the weekend following the Fed’s rate decision on March 20, but this week also has a lot of key economic data. The week will be shorter, …
US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts
Major Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared a …
Federal Reserve Leaves Interest Rates Unchanged as BTC Continues Rebound
Steady Rates Amid Economic Growth and Crypto Market Fluctuations The Federal Reserve maintains the federal funds rate at 5-1/4 to 5-1/2 percent, balancing economic growth with elevated inflation. The Committee’s …
Hong Kong holds base rate steady at 5.75% after Fed’s unanimous vote to keep watching for signs of falling US inflation
The HKMA has followed the Fed’s rate decision in lockstep since 1983 by design under its linked exchange rate system to preserve the local currency peg’s to the US dollar. …
Will BTC Rally Before US Fed Decision?
Bitcoin remains under pressure when writing and is within a bearish formation following sharp losses on March 19. While prices tank, one analyst on X thinks this retracement aligns with historical performance, …
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
“It’s officially Fed week, the week we’ve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement …
Opinion | Time to see ‘marketplace magic’ as the voodoo economics it really is
Even allowing for the long-standing tendency towards excess on the part of stock investors – which has all too often resulted in boom-and-bust cycles – the apparent inability of markets …