Tag: Central Bank
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Trump’s Pick for Fed Chair Highlights Bitcoin-Dollar Synthesis in U.S. Policy Outlook
Overview: A Contested Shift at the Fed President Trump’s selection of Kevin Warsh to replace Federal Reserve Chair Jerome Powell has sparked a wave of speculation about the future direction of U.S. monetary policy. Warsh, who previously served as a member of the Federal Reserve Board of Governors during the Bush and Obama administrations, is…
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What Happened Friday: Key Financial Moments You Need to Know Before You Clock Out
What happened Friday: A quick wrap of the week’s end updates If you’re winding down for the weekend or wrapping up a work-from-home day, here’s a concise briefing on the notable financial moves and market chatter that defined Friday. From mortgage rate shifts to central bank signals, these are the items likely to affect household…
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How Nigeria’s Tight Monetary Policy Cut Inflation by 10% Points
Nigeria’s Monetary Tightening and Inflation Relief For years, Nigeria faced stubborn inflation driven by a mix of supply bottlenecks, currency pressures, and demand fluctuations. In response, the Central Bank of Nigeria (CBN) embarked on a series of tightening measures, including higher policy rates, prudent liquidity management, and targeted macroprudential actions. Recent research indicates that these…
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Showdown Over Fed Independence: Supreme Court Hears High-Stakes Case on Removing a Fed Governor
Overview: A Constitutional Clash on Fed Independence The U.S. Supreme Court is set to hear a case that pits presidential authority against a cornerstone of the post-Great Recession economic order: the independence of the Federal Reserve. At stake is the ability of the president to remove a member of the Fed’s Board of Governors, a…
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Iran’s Central Bank Turns to Crypto Amid Farage-Backed Asset, Report Claims
Overview: A Bold Move in a Complex Financial Landscape In a development that highlights the murky intersection of state finance and crypto, a new report alleges that Iran’s central bank has been using large quantities of a cryptocurrency that gained notoriety after being championed by UK politician Nigel Farage. The claims come from Elliptic, a…
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Iran’s Central Bank Accused of Using Large-Scale Crypto Tied to Farage, Report Claims
Overview of the Allegation A recent report by Elliptic, a crypto analytics firm, alleges that Iran’s central banking system has been moving and storing substantial quantities of cryptocurrency issued by a coin identified as “Teth.” The report, which cites on-chain analysis and tracing techniques, claims that a minimum of $507 million worth of this token…
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What Happened Wednesday: Your Quick Market & News Roundup
Overview: Wednesday in a Nutshell If you’re winding down after a busy Wednesday, here’s a concise snapshot of what shaped the day for markets, economics, and notable headlines. A few trends stood out: mortgage rates held steady, equities moved on mixed economic data, and policy chatter kept investors’ attention. Read on for the essentials you…
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Michele Bullock’s Stand: Why It Matters When She Faces Down Trump
Why Michele Bullock Is in the Spotlight Recent headlines spotlight Michele Bullock, the governor of Australia’s central bank, as she faces intense political pressure that mirrors the broader global debate about monetary independence. The question at the heart of the discourse isn’t just about one individual’s stance—it’s about whether a country’s most senior monetary policymakers…
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BOJ Likely to Pursue Further Rate Hikes This Year
Preview: What this means for Japan’s economy The Bank of Japan (BOJ) is signaling greater confidence that monetary policy will need to tighten further in the coming year, even after steering its policy rate target to a 30-year high above 0.5% in late 2025. Markets and households are watching closely as officials weigh the pace…
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Rapid Rate Rises Ahead: Economists Predict at Least Two Official Cash Rate Hikes in Australia This Year
Summary of the Expectation Australia’s inflation trajectory remains stubbornly elevated, and a clear consensus among leading economists is forming: the Reserve Bank of Australia (RBA) will tighten monetary policy further this year. In a recent survey, economists weighed in on the path for official interest rates, with most predicting the cash rate will rise at…