UK Economy Still Below Pre-Pandemic Levels

On Friday, data published showed that the UK economy was still below its peak before the pandemic had hit, which left the country away from…

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ECB Considering Jumbo Rate Hike For Battling Inflation

On Thursday, policymakers of the European Central Bank (ECB) added more support for a big interest rate hike, as data showed that inflation in the…

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BIS Backs Rate Hike Despite Risk Of Recession

The Bank for International Settlements (BIS) is recognized as the umbrella body for the world’s central bank. The body recently urged all major economies to…

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Markets Churn And Investors Hiding In Cash Despite Inflation

2022 has proven to be a tough year for the financial markets and this has prompted some investors to hide in cash. This is because…

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Russian Central Bank Reduces Key Rate To 7.5%

On Friday, the Bank of Russia announced that it was trimming its key lending rate to 7.5%, which would make it a reduction of 50…

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Federal Reserve Set For Another Rate Hike Of 75 bps

According to economists, the US Federal Reserve will announce another rate hike of 75 basis points in its policy meeting next week. Furthermore, it is…

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BoE’s Bailey Talks About Rate Hikes And Soaring Inflation

On Wednesday, the Governor of the Bank of England, Andrew Bailey, and other top policymakers had a meeting with lawmakers about their decision to hike…

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Over 3% Climb Recorded in the 10-Year Treasury Yield

The latest data surrounding the Treasury yields has just come out for 10 years, which shows a hiked rate. The report shows a 3% rise…

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Ripple Loses Over 13% in Value and Investors Hope It Can Make a Comeback

A deep correction has been recorded by the entire cryptocurrency industry in the past couple of days. The downtrend recorded in the crypto-verse has caused…

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EOS Records Highest 15-Month Gains as its Value Surges 20%

The trading price of EOS experienced a significant surge on August 17, finally hitting the highest value it had hit in 15 months. EOS Price…

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