Fed: We will continue to raise rates

The US Federal Reserve announced that inflation is still high, and that more rate hikes are necessary to control it. In the US Central Bank’s semi-annual report, Jerome Powell and his associates stressed that the Monetary Policy Committee is strongly committed to returning inflation towards the target of 2.%. He added: Continuous increases in the … Read more

Bitcoin rises to 21 thousand dollars in a week », the Iraqi News Agency

Follow – consciousBitcoin breached $21,000 in early trading this week, which is a significant price move from a low of $16,000 at the beginning of the year. To receive more news, subscribe to our channel on Telegram The world’s largest digital asset by market capitalization rose nearly 25% in a week to $21,069 Monday, which … Read more

Riad Salameh reveals the value of the remaining reserves in the Banque du Liban

The Governor of the Banque du Liban, Riad Salameh, confirmed that the bank had opened an investigation to determine whether there were internal parties benefiting from the issue of Lebanon’s failure to pay its debts, and whether some individuals had accumulated wealth through this process, which they were informed in advance, and Salameh strongly opposed … Read more

“Badr bin Saud” reveals the impact of the US Reserve Bank’s decision to raise interest rates on the Gulf countries

Al-Marsad newspaper: The writer Badr bin Saud said: “In this May, the US Reserve Bank increased the interest rate, bringing it to 50 points, or half a percent, and the increase is expected to continue until 2023, and reach 300 points or 3% unless these numbers exceed In 1990 and 1991 it reached 20%. Inflation … Read more

The price of gold fell due to pressures of rising US Treasury bond yields and anticipation of a meeting of the Federal Reserve

Gold prices fell as rising US Treasury yields pressured gold demand, ahead of a key meeting of the Federal Reserve (the US Central Bank) later this week, when the central bank is expected to raise interest rates. And gold fell in spot transactions 0.3 percent to $ 1890.69 an ounce at 00:53 GMT. And gold … Read more

What does the Fed’s tendency to sell $8 trillion in assets mean?

What does the Fed’s tendency to sell $8 trillion in assets mean?

With the Federal Reserve beginning to reduce its holdings of more than $8 trillion in assets including Treasurys and mortgage-backed equities, what does this mean for markets and what significance does this move have? We had recently heard about the Federal Reserve’s tendency to reduce its holdings of bonds and assets by more than eight … Read more