News with the tag "Rate Hike"

Is the Japanese Yen about to defy expectations? Despite growing anticipation of further interest rate hikes by the Bank of Japan (BoJ), the bearish sentiment surrounding the Yen appears surprisingly restrained. Let’s dive into why Yen bears are seemingly hesitant and what this means for the USD/JPY ...

Buckle up, crypto traders and forex enthusiasts! The Japanese Yen (JPY) is making waves, surging on the back of unexpectedly robust Japanese economic data. A strong GDP print has fueled speculation that the Bank of Japan (BoJ) might be compelled to tighten its monetary policy even further. Could thi...

The Bank of Japan (BOJ) has raised its benchmark interest rate by 25 basis points , moving from 0.25% to 0.5% , according to Bloomberg . This adjustment marks the highest interest rate since October 2008 , a period closely tied to the global financial crisis following the Lehman Brothers bankruptcy....

Bitcoin (BTC) remains the center of investors’ attention and concern especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments in the US economy indicate that macroeconomic factors may b...

U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses and identifie...

In the current week, the release of the U.S. Consumer Price Index (CPI) data brought a wave of relief to the financial markets. This indicated a potential easing of inflationary pressures. Rick Rieder, Chief Investment Officer of Global Fixed Income and Head of Global Asset Allocation at BlackRock, ...

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting: “You’re go...

Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s perspective is ...

After a strong push to $48,500 over the last weekend, the Bitcoin price has registered a modest retrace of around $48,000. The recent pause in the rally to $50,000 comes as investors are keenly watching the developments to the CPI data release, ahead this month. US Economic Data and FOMC Speeches Aw...

As traders navigate through the intricate web of economic indicators and central bank decisions, a prevailing sentiment has emerged among investors – a belief that the Fed Reserve is poised to initiate a series of rate cuts, with May being a focal point of interest. This collective expectation is ro...