_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 ruby rose bald 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: 735K times
✓ Published: 07-Jun-2024
👁 View: 735K 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
_the-incredible-changing-looks-of-ruby-rose.webp "Nicki Swift")
_giraffe-picks-up-toddler-at-texas-safari-park.webp "A giraffe accidentally picked up a toddler at safari park in Texas, USA. <br/><br/>The two-year-old was in the back of her family’s pickup truck feeding the animals at the Fossil Rim Wildlife Center in Glen Rose when the incident happened.<br/><br/>A video shows the giraffe grabbing the tot’s shirt and lifting her up out of the bed of the truck.<br/><br/>Fortunately, the toddler was left unharmed.")
_ruby-rose-dyed-her-buzz-cut-half-blue-and-half-pink-hair.webp "Wochit Entertainment")
_ruby-rose-haircut-transformation-long-to-pixie.webp "nothingbutpixies")
_patricia-lv-6-she-gets-a-ruby-rose-haircut-yt-original.webp "TA77.net")
_homophobic-ruby-on-trial.webp "Ethan Davis")
_how-the-fortunes-of-america39s-richest-self-made-women-grew-to-a-record-36154-billion.webp "It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%. <br/><br/>The country’s most successful women have found dozens of ways to prosper. Nearly three-fourths of the 100 women on the list started or confounded a company, while 22 are chief executives or co-chief executives. A healthy stock market helped push the combined fortunes of members of Forbes’ tenth annual list of America’s Richest Self-Made Women to a record $154 billion, up nearly 25% from last year. The minimum to qualify rose to $300 million, up from $225 million last year, the highest since Forbes started tracking the top 100 in 2020. Seventy-three members are richer than they were in 2023, while just ten saw their fortunes fall. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/05/28/a-record-year-for-americas-richest-self-made-women-2024/?sh=6461d697ef63<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_ashley-2-pt-2-got-that-ruby-rose-cut-free-video.webp "TA77.net")
_the-incredible-changing-looks-of-ruby-rose.jpg)
_giraffe-picks-up-toddler-at-texas-safari-park.jpg)
_ruby-rose-dyed-her-buzz-cut-half-blue-and-half-pink-hair.jpg)
_ruby-rose-haircut-transformation-long-to-pixie.jpg)
_patricia-lv-6-she-gets-a-ruby-rose-haircut-yt-original.jpg)
_homophobic-ruby-on-trial.jpg)
_how-the-fortunes-of-america39s-richest-self-made-women-grew-to-a-record-36154-billion.jpg)
_ashley-2-pt-2-got-that-ruby-rose-cut-free-video.jpg)
![[+]](/images/menu.gif){kind=small}