Bank of England Informs Leaders to Prepare for Economic Storm
On Tuesday, the Bank of England (BoE) issued a warning that the economic outlook was dark, not just for Britain, but globally. It also informed...
Recession Fears Rise and June Jobs Report Looms
The third quarter of the year has been greeted by investors with apprehension because there are worries of a recession. Therefore, the job report due...
Panetta Claims ECB Rate Hike would Depend on Data
On Friday, a board member of the European Central Bank, Fabio Panetta said that while the ECB was going to lift its interest rates in...
Banks See Stock Offerings Fee Decline with IPOs on Ice
The second quarter of 2022 sent a chill in the global equity markets due to the fears of recession and the invasion of Ukraine by...
Swedish Central Bank Hikes Interest Rate
On Thursday, the central bank of Sweden delivered an interest rate hike of half a percentage point, which saw the benchmark rate in the country...
Fed Officials Promise Hike in Interest Rates
On Tuesday, policymakers of the Federal Reserve promised that they would hike up the interest rates in order to bring down the inflation numbers. But,...
Turkey Stops Lending to FX-Rich Companies
On Friday, Turkey put a stop to lending to companies that have foreign currency cash of more than $1 million. This is the latest step...
US Dollar Falls as Markets Reassess Fed’s Path
On Friday, the US dollar fell, which was the first weekly decline for the currency in a month. This was because traders were pulling back...
Cardano Community Keeps its Fingers Crossed as Work on Hard Fork Still Continues
It was just last week when the development teams behind Cardano’s latest hard fork shared their development update. They had revealed that despite going through...
Fed’s Barkin Supports 50 or 75 bps Hike Next Month
On Tuesday, the President of the Richmond Fed, Thomas Barkinshared his opinion about the stance of the US Federal Reserve Chairman, Jerome Powell, about interest...