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US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?


The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move.... Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...

Argentinian Government Excludes Crypto Investors From Buying Dollars


The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...

Inflation Is 2022’s Boogeyman


Stephen Hickson, Economics Lecturer and Director Business Taught Masters Programme, the University of Canterbury.____ An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising...

European Central Bank Raises Rates for the First Time in 11 Years


On Thursday, the European Central Bank (ECB) raised interest rates in the eurozone for the first time in 11 years, as high and rising inflation becomes central bankers’ primary concern.  The 50 basis points rate hike is higher than analysts had expected, and marks a departure from...

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor


Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...

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