_bitcoin-soars-above-3671000-as-bank-of-canada-cuts-interest-rates-for-the-first-time-in-four-years.jpg "Bitcoin Soars Above $71,000, as Bank of Canada Cuts Interest Rates for the First Time in Four Years from ertugrul ghazi ep 25 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 1.6M times
✓ Published: 07-Jun-2024
👁 View: 1.6M times
✓ Published: 07-Jun-2024
Description:
The Bank of Canada cut its benchmark interest rate by 25 basis points, the first cut in four years. The price of Bitcoin rose above $71,000, its highest since March, settling around $70,900. Lower interest rates are generally good for risky assets like Bitcoin, as they make borrowing money cheaper and increase the money supply. The Bank of Canada governor said confidence in returning inflation to their 2% target has increased. The US Federal Reserve is expected to keep rates steady in June but cut by September according to market forecasts.
The Bank of Canada cut its benchmark interest rate by 25 basis points, the first cut in four years. The price of Bitcoin rose above $71,000, its highest since March, settling around $70,900. Lower interest rates are generally good for risky assets like Bitcoin, as they make borrowing money cheaper and increase the money supply. The Bank of Canada governor said confidence in returning inflation to their 2% target has increased. The US Federal Reserve is expected to keep rates steady in June but cut by September according to market forecasts.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_ertugrul-ghazi-urdu-124-episode-29-124-season-5.webp "tabii Urdu")
_hasrat-ep-36.webp "Watch all episodes of Hasrat herehttps://bit.ly/4a3KRoh<br/><br/>Hasrat Episode 36 | Kiran Haq | Fahad Sheikh | Janice Tessa | 7 June 2024 | ARY Digital Drama<br/><br/>A story of how jealousy and bitterness can create havoc in others' lives and turn your world upside down. <br/><br/>Director: Syed Meesam Naqvi <br/>Writer: Rakshanda Rizvi<br/><br/>Cast :<br/>Kiran Haq,<br/>Fahad Sheikh,<br/>Janice Tessa, <br/>Subhan Awan, <br/>Rubina Ashraf, <br/>Samhan Ghazi and others. <br/><br/>Watch #Hasrat Daily at 7:00 PM only on ARY Digital.<br/><br/>#arydigital#pakistanidrama <br/>#kiranhaq <br/>#fahadsheikh <br/>#janicetessa <br/><br/>Pakistani Drama Industry's biggest Platform, ARY Digital, is the Hub of exceptional and uninterrupted entertainment. You can watch quality dramas with relatable stories, Original Sound Tracks, Telefilms, and a lot more impressive content in HD. Subscribe to the YouTube channel of ARY Digital to be entertained by the content you always wanted to watch.<br/><br/>Join ARY Digital on Whatsapphttps://bit.ly/3LnAbHU")
_ertugrul-ghazi-urdu-124-episode-35-124-season-4.webp "tabii Urdu")
_resurrection-erturul-124-episode-250.webp "tabii watch")
_ertugrul-ghazi-urdu-124-episode-22-124-season-2.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-11-124-season-4.webp "tabii Urdu")
_burns-road-kay-romeo-juliet-ep-31.webp "Watch All Episodes of Burns Road Kay Romeo Juliet Herehttps://bit.ly/3OHntFh<br/><br/>Burns Road Kay Romeo Juliet | Digitally Presented by Surf Excel , Foodpanda & Sana Safinaz | Episode 31 | Iqra Aziz | Hamza Sohail | ARY Digital Drama <br/><br/>A story about two individuals from different backgrounds that unexpectedly fall in love and fight for it…<br/><br/>Director:Fajr Raza <br/>Writer: Parisa Siddiqui<br/><br/>Cast: <br/>Iqra Aziz, <br/>Hamza Sohail, <br/>Shabbir Jan, <br/>Khalid Anum, <br/>Raza Samoo, <br/>Zainab Qayyum, <br/>Samhan Ghazi, <br/>Hira Umar,<br/>Shaheera Jalil Albasit.<br/><br/>Timing :<br/><br/>Watch Burns Road Kay Romeo Juliet Every Monday & Tuesday at 8:00 PM only on ARY Digital<br/><br/>#burnsroadkayromeojuliet#iqraaziz#hamzasohail#ARYDigital #pakistanidrama <br/><br/>Subscribe: https://bit.ly/2PiWK68<br/>Join ARY Digital on Whatsapphttps://bit.ly/3LnAbHU<br/><br/>Pakistani Drama Industry's biggest Platform, ARY Digital, is the Hub of exceptional and uninterrupted entertainment. You can watch quality dramas with relatable stories, Original Sound Tracks, Telefilms, and a lot more impressive content in HD. Subscribe to the YouTube channel of ARY Digital to be entertained by the content you always wanted to watch.")
_ertugrul-ghazi-urdu-124-episode-36-124-season-2.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-29-124-season-5.jpg)
_hasrat-ep-36.jpg)
_ertugrul-ghazi-urdu-124-episode-35-124-season-4.jpg)
_resurrection-erturul-124-episode-250.jpg)
_ertugrul-ghazi-urdu-124-episode-22-124-season-2.jpg)
_ertugrul-ghazi-urdu-124-episode-11-124-season-4.jpg)
_burns-road-kay-romeo-juliet-ep-31.jpg)
_ertugrul-ghazi-urdu-124-episode-36-124-season-2.jpg)
![[+]](/images/menu.gif){kind=small}