Bitcoin surges past $93,000 amid Trump's pro-crypto stance

Nov 14, 2024, at 06:14 pm

Mumbai/IBNS: Bitcoin surged past $93,000 on Thursday (Nov. 14), hitting a record high as its upward trend gained strength, driven by optimism about potential pro-crypto regulatory policies under President-elect Donald Trump and expectations of further interest rate cuts by the US Federal Reserve.

US Federal Reserve keeps key rates unchanged in a unanimous decision

Nov 02, 2023, at 06:59 am

Washington DC: The Federal Reserve, which is the Central bank of the United States, on Wednesday, opted to keep interest rates steady at their highest level in 22 years for the second consecutive meeting, Bloomberg reported.

US Fed slaps $186 mn fine on Deutsche Bank over unsafe practices

Jul 20, 2023, at 06:30 am

The US Federal Reserve has imposed a fine of $186 million on German lender Deutsche Bank for violations related to sanctions and deemed "unsafe and unsound" banking practices at its US subsidiaries, AFP reported.

US Federal Reserve raises target interest rate by 75 bps, highest since 1994

Jun 16, 2022, at 07:23 am

Wahington: America's central bank Federal Reserve Wednesday increased its target interest rate by three-quarters of a percentage point, and signaled more hikes in the coming months to stem the biting inflation.