JPMorgan prepares for 7.00% BOE rate

Source: Dukascopy Bank SA
The JPMorgan Chase & Co bank has announced that there is a risk that due to high inflation the Bank of England would have to hike its official bank rate to 7.00% and cause a recession.
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Thu, 06 Jul 2023 11:26:30 GMT

Bitcoin reaches 13-month high

The price for Bitcoin reached today the $31.500 level, which beat the previous June 23 high. By reaching the new high level, the price has booked a level not seen for 13 months. The last time BTC traded this high was in early June of 2022.

Fri, 14 Jul 2023 06:30:07 GMT

Rural India gets richer

Bloomberg has published information that the number of super rich families in the rural parts of India is set to increase five-fold by 2030.

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