Vancouver’s City Council Greenlights Exploring Bitcoin in Municipal Finance
In a bold move toward embracing cryptocurrency, Vancouver’s city council has approved a motion to explore integrating Bitcoin into its municipal financial systems. The decision, made during a council meeting on Tuesday, marks a significant step in the city’s efforts...
Read more
Bank of Canada Cuts Interest Rates Again in December 2024
In its December meeting, the Bank of Canada (BoC) announced a 50 basis points (bps) cut to its key interest rate, marking the second consecutive reduction. This decision was in line with market expectations, bringing the total cumulative rate cuts...
Read more
US Inflation Trends: A Close Look at November 2024
The annual inflation rate in the United States rose to 2.7% in November 2024, marking the second consecutive month of an uptick. This increase, from 2.6% in October, was in line with analysts’ expectations. The rise was partly influenced by...
Read more
Germany’s Inflation Rate Rises in November 2024
Germany’s annual inflation rate increased to 2.2% in November 2024, up from 2% in October, in line with preliminary estimates, marking the highest level in four months. This uptick reflects broader inflationary pressures across various sectors, with services inflation holding...
Read more
RBA Keeps Cash Rate Unchanged for Ninth Straight Meeting
The Reserve Bank of Australia (RBA) opted to retain its cash rate at 4.35% during its final meeting of 2024, marking the ninth consecutive gathering where borrowing costs were held steady in line with market expectations. This decision reflects the...
Read more
