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No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 


The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching...

All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely


The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain...

Nigeria Acts to Defend Naira After Currency Hits New Record Low


The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank...

Why is Dogecoin price up today?


Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump

Why is Dogecoin price up today?


Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump

ECB Maintains Interest Rates Amid Persistent Inflation Concerns


The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move....

Bitcoin Summer 2024: What to Expect


BTC is currently flat, caught in a plateau between narratives. What factors could wake the bull again? Alexander Blume, CEO of Two Prime, looks ahead

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