Russell Investments: The Federal Reserve will implement a hawkish 25 basis point rate cut in December, with the final interest rate projected to be 3.25% to 3.5% by 2026.

The post Pound Sterling softens as traders eye BoE rate cut next week appeared on BitcoinEthereumNews.com. The GBP/USD pair trades in negative territory near 1.3365 during the early European trading hours on Thursday, pressured by the rebound in the US Dollar (USD). Nonetheless, the potential downside might be limited after the US Federal Reserve (Fed) delivered a rate cut at its December policy meeting. Traders brace for the US weekly Initial Jobless Claims report, which will be published later on Thursday.  Markets continue to digest the largely anticipated rate cut by the Fed on Wednesday. The US central bank reduced its key interest rate for the third time in a row at its December meeting but signaled that it may leave rates unchanged in the coming months. Two Fed officials voted to keep the rate unchanged, while Stephen Miran, whom Trump appointed in September, voted for a larger rate cut. During the press conference, Fed Chair Jerome Powell said central bankers need time to see how the three reductions this year work their way through the US economy. Powell added that he will closely examine incoming data leading up to the next meeting in January. The Fed’s economic projections suggested one rate cut will take place next year, although new data could change this. On the other hand, the prospect of the Bank of England (BoE) rate reductions could drag the Pound Sterling (GBP) lower against the Greenback. Financial markets are now pricing in nearly an 88% chance of the BoE rate cut next week after signs from economic data that inflation pressure has eased.  Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022…

The post Robinhood Sets 2026 Crypto Vision With Expanded Global Access appeared on BitcoinEthereumNews.com. Robinhood signaled a sweeping 2026 crypto expansion, showcasing accelerating platform growth, wider U.S. and European access, and new products capped by a Layer 2 network aimed at propelling the company deeper into global tokenization and advanced digital-asset trading. Robinhood Unveils Expansive Crypto Roadmap Robinhood Markets (Nasdaq: HOOD), a U.S.-based financial services company, shared an extensive […] Source: https://news.bitcoin.com/robinhood-sets-2026-crypto-vision-with-expanded-global-access/

Chennai Properties have long been attractive for both end users and investors. The city’s mix of IT corridors, manufacturing hubs, educational institutions, and healthcare facilities keeps rental demand steady. For investors, identifying the right type of property in the right location is critical to achieve consistent rental returns. Let us look at the categories of […] The post Which Chennai Properties Are Best Suited for Rental Income Generation? appeared first on TechBullion.