A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
The bitcoin logo displayed on a smartphone with euro banknotes in the background. Andrea Ronchini | NurPhoto via Getty Images The European Central Bank has strongly criticized bitcoins Wednesday, saying the cryptocurrency is on a “path to irrelevance.” In a blog post titled “Bitcoin’s Last Stand,” ECB Director General Ulrich Bindseil and analyst Jürgen Schaff …
European Central Bank Says Bitcoin Is On “Road To Irrelevance” Read More »
Christine Lagarde, President of the European Central Bank speaks at an event. The central bank is due to meet in mid-December for further monetary policy decisions. Bloomberg | Bloomberg | Getty Images The European Central Bank may be on the verge of answering a lingering question in the coming weeks that could have major repercussions …
Europe’s biggest bond buyer starts thinking about selling Read More »
Fruit and vegetable prices are displayed at a store in Brooklyn, New York, March 29, 2022. andrew kelly | Reuters Global markets have been encouraged in recent weeks by data indicating that inflation may have peaked, but economists are warning of a return to the “transitional” inflation narrative. Stocks rebounded when the U.S. Consumer Price …
Federal Reserve officials agreed earlier this month that smaller interest rate increases should take place as they assess the policy’s impact on the economy, meeting minutes said. the meeting published on Wednesday. Reflecting statements several officials have made over the past few weeks, the meeting summary pointed to lower rate hikes ahead. Markets generally expect …
Fed officials see smaller rate hikes coming ‘soon’, minutes say Read More »
