Coronavirus Rate Cuts: Australia’s Central Bank Did It First

2020-3-4 20:40

The Reserve Bank of Australia announced it would be cutting the cash rate by 25 basis points to 0.50 percent, its lowest on record according to recent figures.

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2020-2-2 15:00


Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting

The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the US central bank will adopt its second straight interest rate cut. That move should bolster the stock market, but does it mean anything for bitcoin? Will Interest Rate Cut Ignite Bitcoin Price Boom? Nigel Green, the founder of $10 billion […] The post Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting appeared first on CCN.com

2019-9-17 18:43


This Stock Market Lifeline Could Come from a Surprising Place: Australia

By CCN: The U. S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U. S. -China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia.

2019-6-4 18:37