I wrote on 19th January that the best trade opportunities for the week were likely to be:. Unfortunately, his currency pair rose by 2.07% over the next week.– Long of Bitcoin in USD terms following a New York close above $106,187. European Central Bank Policy Meeting– no surprises with the 0.25% rate cut, but the Bank warned about the deteriorating Eurozone economy,…
Economic News
A grand jury indictment accuses John Harold Rogers, 63, of Vienna, Virginia, of stealing Federal Reserve trade secrets and selling them to Chinese intelligence officials for at least $450,000 by posing as a university professor in China. "As alleged in the indictment, Rogers betrayed his country while employed at the Federal Reserve by providing restricted…
WASHINGTON— The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump might pursue. DERAILMENT SETTLEMENT: According to an announcement posted online Monday, the village…
As Americans have realized, a byproduct of high inflation is typically high interest rates. As inflation begins to rise, the Federal Reserve will likely raise its benchmark fed funds rate. The fed funds rate often serves as a basis for many types of consumer debt.
As Americans have realized, a byproduct of high inflation is typically high interest rates. As inflation begins to rise, the Federal Reserve will likely raise its benchmark fed funds rate. The fed funds rate often serves as a basis for many types of consumer debt.
A grand jury indictment accuses John Harold Rogers, 63, of Vienna, Virginia, of stealing Federal Reserve trade secrets and selling them to Chinese intelligence officials for at least $450,000 by posing as a university professor in China. “As alleged in the indictment, Rogers betrayed his country while employed at the Federal Reserve by providing restricted…
Federal Reserve leaves benchmark rate as is. WASHINGTON— The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump might pursue. DERAILMENT SETTLEMENT: According to an…
WASHINGTON, D.C.— Debt-heavy farm operations will continue to feel the burden of borrowing costs as the Federal Reserve said it would leave interest rates holding at 4.25 percent to 4.5 percent and persist in its quest to reduce inflation to 2 percent. "For the agricultural industry, farmers who rely on financing to fund their enterprises will continue to face…
WASHINGTON— An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The Commerce Department reported Friday that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. Federal Reserve…
WASHINGTON— The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump might pursue. DERAILMENT SETTLEMENT: According to an announcement posted online Monday, the village…
First Financial Bank President and CEO Archie Brown has been reappointed to the board of directors of the Cincinnati Branch of the Federal Reserve Bank of Cleveland for a three-year term. Its Cincinnati branch serves the Cleveland Fed's stakeholders in southern Ohio and Eastern Kentucky. Brown has been president and CEO of First Financial Bancorp and First…
