Colombia central bank holds benchmark interest rate at 9.50% in surprise move
Colombia's central bank held the benchmark interest rate at 9.50% on Friday, surprising the market, which expected ...
Three reasons why Bitcoin could hit a new all-time high in February 2025
The Bitcoin monthly returns table for the past twelve years shows that BTC rallied 10 out of 12 times. In 2024, Bitcoin gained 43.55%, in 2023, during the bear market phase BTC price was nearly ...
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
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US land-based coho salmon closure leaves food bank 13,000 live fish to process
LocalCoho, a land-based producer in the US state of New York, which ceased operations Friday, donated 13,000 live fish to a food bank ...
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
ECB back at target by summer, supporting policy easing, Villeroy says
Euro zone inflation will be back at the European Central Bank's 2% target by the summer and interest rates could keep on ...
ECB should use bond buys more sparingly in future, Knot says
The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central ...
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...