Результатов: 184

Fed Chair Says, Crypto Is Not A Financial-Stability Concern But An Issue For Those Who Don’t Understand It

On Wednesday, the Federal Reserve announced that it was doubling the pace of its bond-buying tapering and forecasted three rate hikes in 2022. Following the end of the central bank's two-day policy meeting, in a news conference, Fed Chair Jerome Powell also commented on cryptocurrencies, saying he doesn’t view them as a “financial stability concern. дальше »

2021-12-16 18:33


Central bank acknowledges Russia's leading role in crypto industry, outlines major risks

The cryptocurrency market is growing at an exceptional rate. In fact, many countries are vying for the top spot in terms adoption. As it turns out, a top contender in the $2.8 trillion market, is RussThe post Central bank acknowledges Russia's leading role in crypto industry, outlines major risks appeared first on AMBCrypto. дальше »

2021-11-26 17:30


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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation

The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […] дальше »

2021-7-5 01:30


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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices

Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »

2021-6-22 14:30


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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes

Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even spray and sell the naira notes.” He adds […] дальше »

2021-6-16 17:00


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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »

2021-4-23 13:30


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Recent Comments From Fed’s Kashkari On Inflation Could Trigger Massive Bitcoin Buys

President of the Federal Reserve Bank of Minneapolis Neel Kashkari has said that a 4% inflation rate would not cause him any form of panic. In an interview sponsored by the Economic Club of New York, Kashkari told American macroeconomist and Harvard professor Gregory Mankiw that his concerns would majorly depend on “why” inflation had […] дальше »

2021-4-13 00:11


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Bitcoin Could Soar If The Bank Of England Decides To Implement A Negative Interest Rate

Bitcoin stands to attract more investments from British Banks and citizens following an announcement by the Bank of England which is considering implementing a negative interest rate. In a bid to stimulate its economy from the adverse effects of coronavirus and the impending Brexit event, the Bank of England hopes to encourage more spending. Negative […] дальше »

2020-9-21 10:28


BoE Explores Negative Rates; Bitcoin Is A ‘Must’ Because Fiat is a ‘Giant Ponzi Scheme’

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed. дальше »

2020-9-19 19:30


People Using Cash-Savings to Load Up on Bitcoin as Protection in a Record Low-Interest Rate World

The 10-year Treasury note yield fell to its record low stretches, not seen in 234 years, according to Deutsche bank. “The U.S. has been through depressions, deflations, wars, restrictive gold standard regimes, market crashes and many other major events and never before have we seen yields so low back to when the Founding Fathers formed […] дальше »

2020-8-1 17:22


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Bank of England Predicts Worst Economic Crash in 300 Years for UK

The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist […] The post Bank of England Predicts Worst Economic Crash in 300 Years for UK appeared first on Bitcoin News. дальше »

2020-5-12 23:05


Bitcoin price spikes 10% in minutes as Federal Reserve cuts rates to zero

While Bitcoin was born independent of traditional finance, events taking place on Wall Street have become increasingly important to the cryptocurrency. This was proven today when the Federal Reserve made history, cutting its policy interest rate to zero percent, meaning that banks need to pay nothing to borrow money from the American central bank. дальше »

2020-3-16 01:51


Market Is Already Pricing In Another Fed Rate Cut, Should You Be Long On Gold, Bitcoin?

The fear of a global recession triggered by coronavirus has sent stocks plunging yet again with the Dow Jones down 2.3%, the S&P 500 losing 3%, and Nasdaq sliding by 3.3%. However, according to Deutsche Bank, there is no rest for the exhausted investors as today the bank released a grim analysis where it states […] дальше »

2020-3-7 23:52


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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »

2020-3-4 16:20