Interest
New Home Sales Drop To Lowest In Five Months As Interest Rates Rise
Sales of newly constructed homes in the U.S. fell to the lowest level since March as prices stayed elevated and buyers are discouraged by high mortgage rates.Sales of new...
Central Banks In No Rush To Cut Interest Rates
Investors were hoping to hear central banks finally signal this week that they were close to being done raising interest rates in their battle against inflation.Instead, policymakers indicated that...
Two Fed Officials Suggest Interest Rates Will Rise Again
AFP In their first comments since the Federal Reserve Bank decided to keep the U.S. key interest rate unchanged this week, officials from the bank signaled that the hiking...
Exclusive: NOWNodes’ Latest Milestone Highlights Developers’ Interest To Build On Shibarium
KEY POINTSNOWNodes debuted its RPC full node on Shibarium last weekNOWNodes processed more than seven million RPC requests within a weekThe RPC full node launch is a promising initiative...
Turkey Expected To Hike Interest Rate To 20-year High
Turkey's central bank was expected Thursday to dramatically raise its key interest rate for the second month running following a sudden turn towards conventional economics by President Recep Tayyip...
US Fed Starts Interest Rate Meeting As Traders Predict A Pause
Federal Reserve Board Chairman Jerome Powell speaks following a Federal Open Market Committee meeting in July 2023 AFP The Federal Reserve began two days of interest rate deliberations Tuesday...
Interest Rate Cliffhanger As ECB Mulls Hike Or Pause
Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the...
US Interest Rates In ‘Good Place,’ For Now: Fed Officials
High US interest rates are doing their job in the fight against inflation, but more hikes may yet be needed, senior US Federal Reserve officials said Thursday.The comments from...
