Search results for benchmark interest rate
Finance
KOSPI fails to reclaim 7,000 level, hampered by rate hike
South Korea\'s KOSPI rose for a third straight session on joint net buying by foreign and institutional investors and gains in semiconductor shares. The index opened near the 7,000 level and attempted to break above it, but later pared gains after the Bank of Korea announced a 0.25 percentage point rate hike to 3.00 percent. The won strengthened and the KOSDAQ also ended higher.
Crypto
Bets surge on Fed holding rates steady in September in prediction markets
Prediction markets are pricing a 70 percent-plus chance that the U.S. Federal Reserve holds its benchmark interest rate steady in September. Polymarket put the probability of no change at 74 percent, while Kalshi showed 73.5 percent and Myriad about 71 percent. The contract outcome will be determined after the Sept. 15-16 FOMC meeting. Reuters polling showed about 70 percent of economists expect no rate change for the rest of 2026.
Crypto
Ethereum validator reward burn proposal draws backlash from Aave founder
A proposal in the Ethereum community to burn part of validator issuance rewards to curb supply growth has drawn public opposition from Aave founder Stani Kulechov. The proposal, EIP-8361, would gradually burn a portion of issuance rewards and could cut annual validator returns from about 2.862 percent to 1.476 percent. Kulechov argues the change could push individual stakers out, raise tax issues and increase institutional dominance.
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Crypto
Bitcoin enters volatile August after July rebound, faces \'August curse\'
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Crypto
Bank of Japan keeps policy rate at 1.0 percent; yen rebounds 3.5 percent intraday
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Finance
BOK says semiconductor earnings support downside in stocks, external uncertainty a variable
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Finance
Warsh\'s second U.S. FOMC as oil back above $100 revives rate-hike expectations
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Finance
Bank of Korea raises interest rates for first time in 3-1/2 years, benchmark rate at 2.75 percent
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Crypto
XRP rally could stall at $2.22 sell wall
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Crypto
Bitcoin lacks direction; September FOMC remains variable despite oil price relief
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Industry
Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks
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Crypto
Bitcoin slips below $65,000 despite oil drop
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Finance
Bank of Korea governor Shin Hyun-song says rate hikes needed before it is too late
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Crypto
Bitcoin spot ETFs extend outflows, key focus on $60,000 and FOMC
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Finance
Mitos puts financial security to the test as network separation easing begins
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Finance
Bank of Korea Governor Shin says case for rate hike clear, tightening at right time
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Crypto
Bitcoin long-term holdings rise as market watches U.S. monetary policy
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Finance
Bank of Korea holds base rate at 2.50 percent for seventh straight meeting amid Middle East risks