Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Tag : Inflation
Bitcoin and crypto markets react to global $17.3 trillion oil shock
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Gold prices rise as risk sentiment weakens globally
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm...
Conference Board survey shows pervasive pessimism over U.S. economy
U.S. consumer confidence sinks to early pandemic levels as inflation and tariffs fuel recession fears among Americans....
CBE reduces deposit lending and discount rates by 2.25 percent
The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support...
Kiyosaki: U.S. debt is unsustainable, Bitcoin is “money with integrity”
Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin,...
U.S. jobless claims rise to 242,000, highest level in three months
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains...
Bitcoin gains momentum as investors bet on 2025 Fed rate cuts
Bitcoin surged past $96,000 as Fed’s Raphael Bostic signaled rate cuts in 2025, boosting investor optimism and driving expectations of a shift in U.S. monetary...
Investors drive gold to new peaks on fears of trade policy impact
Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies....
UK inflation rises to 3% in January, surpassing expectations
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....