Source: Adobe/Max. With more popular investors raising the alarm bells over possible inflation as a result of fiat currency debasement by reserve banks worldwide, gold has actually skyrocketed to its highest level considering that2012 With all the principles apparently in location, the concern for the bitcoin (BTC) neighborhood is when the digital gold will follow. […]

The post Investors Turn to Gold as Inflation Threat Looms, Is Bitcoin Next? appeared first on World Weekly News.

The Reserve Bank of India slashed interest rates on Friday, following other reserve banks that have taken emergency procedures to counter the financial fallout from the fast-spreading out coronavirus pandemic. The RBI stated it has chosen to keep its accommodative position as long as it is essential to restore growth and reduce the effect of coronavirus […]

The post India slashes rates in Response to Coronavirus crisis appeared first on World Weekly News.

The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging hundreds of billions of dollars in asset purchases and backstopping foreign authorities with the offer of cheap dollar financing. The coordinated global […]

The post Fed slashes rates, global central banks coordinate to cushion coronavirus blow appeared first on World Weekly News.