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Nalezeno "interest rates": 361

U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y

10.4.2024
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024

Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

6.4.2024
The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency. The structured currency banknotes will be “fully convertible into the reserve currency on demand.” The central bank has also reduced...

U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

5.4.2024
The ETF-led bitcoin rally has stalled over the past month, at least in part thanks to economic indicators pointing to higher than expected interest rates

Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?

14.3.2024
U.S. economic data on Thursday has sent rates and the dollar higher

Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

8.3.2024
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a...

U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%

8.3.2024
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs

Economist Peter Schiff Says Gold Price Not Rising Fast Enough, Condemns Civil Ruling Against Donald Trump

27.2.2024
Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve...

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

14.2.2024
An interest rate cut isn't likely on the table, but risk assets are doing just fine

New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits

8.2.2024
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s troubles have ignited concerns over a potential...

Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction

6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...

U.S. Added 353K Jobs in January, Blowing Past Estimates

2.2.2024
The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March

US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns

1.2.2024
Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday, New York Community Bancorp witnessed a further...

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

31.1.2024
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook

New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report

31.1.2024
New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last Year’s Banking Fears Resurface as NYCB Faces...

Markets 'Too Optimistic' About Fed Rate Cuts: JPMorgan Asset Management

31.1.2024
"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, explaining a potential for a decline in risk assets

Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz

15.1.2024
According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because they give residents the “benefit of borrowing...