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. …
Analyzing the Forces Behind Bitcoin’s Sudden Market Decline Bitcoin’s price unexpectedly fell below $63,000, influenced by a mix of economic indicators and market events. Anticipation of the FOMC decision and …
After a challenging two weeks resulting in a 21% drop, the Bitcoin (BTC) price rebounded emphatically, closing last week on a strong note. The premier cryptocurrency witnessed a surge that …
Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the Federal …