Tag: interest rates

Interest rates are one of the most followed metrics in the financial world. They are also one of the most useful monetary policy tools that the central banks have to fight inflation.
How are central banks behaving now?

How are central banks behaving now?

Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.
Nasdaq volatile after Fed’s 75 bps rate hike

Nasdaq volatile after Fed’s 75 bps rate hike

The Fed hiked rates yet again, causing volatility in the markets.
Gold traders await Fed’s decision of the year

Gold traders await Fed’s decision of the year

This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
Argentina raises interest rate to 75%

Argentina raises interest rate to 75%

Argentina's central bank raised its key interest rate to 75% in an effort to support its currency and curb inflation approaching 100%.
Gold gains due to weaker US Dollar

Gold gains due to weaker US Dollar

The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
Russian banks lost 1.5 trillion rubles

Russian banks lost 1.5 trillion rubles

Russian banks lost 1.5 trillion rubles in the first half of the year as the war in Ukraine and sanctions pushed them into the red numbers.
Hungarian central bank raises interest rate by 1%

Hungarian central bank raises interest rate by 1%

It did so in an effort to curb inflation and support the domestic currency. At the same time, other measures are being introduced.
Norway’s state fund reports a loss of $173.1 billion

Norway’s state fund reports a loss of $173.1 billion

The Government Pension Fund of Norway has the largest half-year loss in its 26-year history, losing $173.1 billion from January to June.
Gold’s volatility rises with tensions in Taiwan

Gold’s volatility rises with tensions in Taiwan

The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.
Fed raises interest rates by 75 basis points

Fed raises interest rates by 75 basis points

The US Federal Reserve raises its key interest rate by 75 basis points to a range of 2.25% to 2.50%. The move was expected.