Interest rates prepare to fall despite house prices going up

The Reserve Bank of Australia is poised to continue with interest rate cuts despite a turnaround in the pivotal Sydney and Melbourne property markets where dwelling values have increased for the first time since 2017. On Tuesday, the RBA board meets in Darwin, for the first time since June 1968, with markets expecting it to follow-up its June rate cut […]

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Upcoming interest rate showdown a multi-layered drama

President Trump should be happy about what the Federal Reserve did on Wednesday. He should be mad as hell about what the Fed did on Wednesday. Take your pick. Both are valid statements about the possible deep-down reaction of the president. And no matter what Trump decides to say publicly — and he will say something, probably loudly — inside, […]

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Fed minutes reveal no interest rate moves coming for 'some time'

Should the Fed remain on the sidelines? Diversified Private Wealth Advisors’ Dominick Tavella on the market impact from U.S. trade tensions with China, the state of earnings season and the outlook for Federal Reserve policy. Federal Reserve officials approved a patient approach to monetary policy in 2019 during their two-day meeting earlier this month, signaling there will be no interest […]

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Ripple: Interest from existing customers for new functionalities like xRapid is growing, claims David Schwartz

The prices of most cryptocurrencies were spiking, sparking speculations of a bull run. XRP, the third largest cryptocurrency, was spiking at press time. However, it did not register growth in the present year. Its native company, Ripple has been on its toes, supporting and promoting the coin, while marketing itself to financial investors. A Twitter user, @CNHoldings, tweeted and asked for […]

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MakerDAO to Increase Interest Rates to 11.5% Based on Just Ten Voters

MakerDAO is to again increase the cost of borrowing dai by 4% to 11.5% for the fifth time in about two months. This latest probable hike comes after suggestions there has been “little attributable impact from the previous Stability Fee increases.” That’s despite the so called stability fee, interest rate, or the cost of borrowing, rising from 0.5% in February […]

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