Central Bank Keeps Interest Rates Unchanged
The US Federal Reserve (Fed) opted to maintain its short-term interest rate target during a recent meeting. The decision to keep the benchmark federal funds rate steady at 3.5% to 3.75% was made with an 11-1 vote. Notably, Fed Director Steven Milan, who stepped in last year for an unanticipated vacancy, was the sole dissenting […]
UAE Central Bank introduces a support plan for banks during the Iran conflict
Live updates: Latest news on USA-Iran conflict The Central Bank of the UAE has approved a set of recovery measures aimed at stabilizing the banking sector amid ongoing conflicts in the Middle East. According to the board of the CBUAE, this initiative seeks to bolster the UAE’s banking sector “given the exceptional global and regional […]
EUR/USD Price Prediction: Stabilizing under the 200-hour SMA/1.1550 before central bank events
The EUR/USD pair has had a tough time capitalizing on this week’s recovery, bouncing back from the 1.1415-1.1410 range, which marks the lowest point since August 2025. Currently, it’s fluctuating in a tight range during the Asian session on Wednesday, trading just below the mid-1.1500s. Traders seem to be holding back, likely waiting for the […]
Australia’s central bank raises interest rates to a nearly 1-year high due to inflation concerns from the Iran war
Australia’s Central Bank Increases Benchmark Interest Rate On Tuesday, the Reserve Bank of Australia (RBA) lifted its benchmark policy rate for the second consecutive time, now reaching 4.1%. This marks the highest point since April 2025, amid ongoing inflation concerns. The recent 25 basis point increase aligns with analyst projections from a Reuters survey. Australia’s […]
Forex Today: US Dollar and Oil gains slow down as major central bank week begins
Here’s a brief overview for Monday, March 16th. Crude oil prices began on a high note but then saw a gradual decline, while the United States dollar (USD) index managed to regain some ground after a more than 1.5% rise the previous week. Statistics Canada is set to publish the consumer price index (CPI) for […]
Central bank watches effects of Iran conflict on inflation as oil prices rise
Update on Rising Oil Prices amid Iran Conflict In light of recent events, the Federal Reserve is facing challenges due to rising energy prices, which have surged following escalations in the conflict with Iran. This situation raises concerns about its effects on inflation and consumer costs. At one point, oil prices spiked over $100 per […]
Central Park hits all-time high temperatures
Early Spring Warm-Up Quickly Cools Off This week, Central Park experienced an unexpected early taste of spring, with temperatures soaring to a record 80 degrees on Tuesday. However, the warmth is about to take a sharp turn, plunging back to the 30s shortly. Strong winds paired with colder air are set to wrap up this […]
58-year-old homeless man discovered dead in snow in Central Park, near famous carousel, say police and sources.
A 58-year-old man, seemingly homeless, was discovered dead in a snowbank on Thursday morning, not far from the famous merry-go-round in Central Park, according to police. The man’s body was found around 10:50 a.m., following a 911 call at the intersection of Traverse Road and 63 Center Drive, as reported by the NYPD. Authorities indicated […]
Central bank indicates potential interest rate increases if inflation remains high above target
Federal Reserve’s Interest Rate Decision and Economic Outlook John Wronsky from the Wronsky Group has been analyzing recent developments concerning the Federal Reserve’s interest rate strategy, including President Donald Trump’s anticipated economic address and his proposition to cap credit card interest rates for Bernie & Company. In a largely unified decision, Federal Reserve policymakers opted […]
The Jordan Binnington situation is central to Team Canada’s choice of goalie.
MILAN It seems that Team Canada had hoped Jordan Binnington’s display at the 4 Nations would quell the ongoing chatter about their goaltending situation, but that’s not the case. Goaltending remains a significant question mark for Canada, a country known for legends like Patrick Roy, Martin Brodeur, and Roberto Luongo. The team is still mum […]