Search Results for: Benchmark Bank Rate

Medtem ko uradni podatki trdijo, da je stopnja inflacije v Turčiji 85%, Statistični podatki tretjih oseb pravijo, da je bližje 200%

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Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% leto na leto. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high….

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

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On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 bazične točke (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority…

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

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While the euro has found support between 0.96 do 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

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Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising…

JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 meseci, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

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The CEO of global investment bank JPMorgan, Jamie Dimon, je opozoril, da so ZDA. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%….

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 trilijon

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A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt…

Tržni strateg pričakuje padec delniškega trga 50% Od tod, Pravi, da "srednjega razreda ne bo več"

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Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, kriptovalute, and precious metals slid significantly in value. konec $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to…

Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

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ZDA. economy has declined for the second-straight quarter as the country’s gross domestic product (BDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a…

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’

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Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning…

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

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ZDA. Federal Reserve raised the federal funds rate by 75 bazične točke (bps) v sredo, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by…