interest rate

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Gold Closed At Record High On March 1

3 Mar 2024 2 minute read 0 comments SweptOverNiagara $0.15

Although it was reported in the media, there was little fanfare to the fact that gold closed at a record weekly high on Friday, March 1, 2024 at spot $2,082 while April futures also closed at a record high of $2,095. On February 1, gold peaked at $2...

FED Holds Rates For Third Consecutive Month

13 Dec 2023 2 minute read 0 comments SweptOverNiagara $0.37

This afternoon, the U.S. central bank, the Federal Reserve concluded its last F.O.M.C. meeting of the year. It's usually at this time when we find out what their plans are, basically. Key lending rates will stay the same as they have been before the...

Federal Reserve Finally Pauses After Most Aggressive Rate Hike In Its History

15 Jun 2023 3 minute read 1 comment SweptOverNiagara $0.38

It's that time of the month again. Yesterday afternoon, we got word of a pause in rate increases from the Federal Reserve (which is not federal and has zero reserves). After ten hikes in a row, rates were held at 5 to 5.25% but included hawkish state...

What does the FED’s rate hike mean for the world economy?

26 Mar 2023 2 minute read 0 comments Actitube $0.18

The recent 25 basis points interest rate hike by the Federal Reserve has been a much-discussed topic in the financial world. In this blog post, we will discuss what the interest rate hike means for the world economy. What are interest rates? Interes...

Bank - Crypto - Interest rate and Economic Islam

13 Mar 2023 1 minute read 0 comments Alther $0.29

Banks and cryptocurrencies are two different ways to store and transfer value. Banks are regulated financial institutions that offer various financial services, including savings and checking accounts, loans, and investments, while cryptocurrencies a...

What Is a Financial Swap?

13 Jan 2023 2 minute read 1 comment Todd Mei PhD $0.04

Photo by Ashim D’Silva on Unsplash Although the term “swap” might seem to denote a pretty straightforward exchange of assets, in financial parlance the term is a bit different from the everyday notion of exchanging one item for another. Financ...

Increasing Interest Rate To Control Inflation, Is That A Solution?

9 Oct 2022 2 minute read 0 comments 𝕊𝕙𝕠ℍ𝕒ℕ𝕒🦋💫 $0.03

Recently the the financial news published in our local newspaper and at first the decision of increasing interest rate were taken by central bank of Bangladesh. They have valid reason and that's Ukraine-Russia ongoing war and the war affected the sup...

Shocking! U.K. Energy Bills Skyrocket By As Much As 10X!

31 Aug 2022 3 minute read 0 comments SweptOverNiagara $0.07

Just two days ago, I published a post titled 'Heads of Tails: Another Rate Hike in September?' where I suggested that after everything businesses have been put through in the last two and a half years, rising interest rates along with rising energy b...

Interest Rates Are Creeping Upward!

6 May 2022 2 minute read 1 comment SweptOverNiagara $0.04

If you haven't heard, the FED raised the benchmark lending rate by 50 basis points or a half percent to between 0.75 and 1%. Current market pricing expects the rate to climb to as high as 3% by year end. Per Chairman Jerome Powell's comments that the...

Crypto Earn - Binance Launches Twelfth Phase of Binance Lending Products

3 Feb 2020 1 minute read 0 comments tcss007 $0.21

Binance will launch the twelfth phase of Binance Lending Products at 2020/02/03 12:00 PM (UTC), where 30-day fixed term lending products will be made available. Further details are below:  Subscription Format: First-come-first-served basis. Subscrip...