Crypto News

New Zealand Central Bank Cuts Interest Rate by 50 Basis Points to 4.75%

The Reserve Bank of New Zealand has announced a 50 basis points cut in its interest rate to 4.75%. This decision aligns with market expectations and represents the second consecutive reduction in r...

Federal Reserve's Daly Emphasizes Restrictive Monetary Policy to Curb Inflation

On October 15, Federal Reserve's Daly reiterated the importance of a restrictive monetary policy to control inflation. The Fed is focused on its 2% inflation target while ensuring full employment, ...

US Inflation Report: Core Price Index Surpasses Expectations

The latest US inflation report reveals a higher than expected core price index at 3.3%, significantly exceeding economists' predictions of 3.2%. This indicates that inflation concerns continue in t...

Federal Reserve's Daly Highlights Restrictive Policy to Address Inflation

On October 15, Federal Reserve's Daly confirmed that the Fed's monetary policy remains restrictive as part of ongoing efforts to reduce inflation towards a 2% target while ensuring full employment....

U.S. September PPI Stays Stable, Boosting Fed Rate Cut Predictions

The U.S. Producer Price Index remained unchanged in September, indicating a positive inflation outlook. This stability, driven by falling gasoline prices, reinforces the likelihood of a Federal Res...