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Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year

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A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a … Read more

Federal Reserve Considers Creating a Separate Entity for Cash Injections

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While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in … Read more

Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet

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A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading.  Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of … Read more

What Is Rabobit?

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Banks all over the world have shown increasing interest in cryptocurrencies as of late. Rabobank in the Netherlands is probably the most open-minded institution in this regard. Its Rabobit service will be of great interest to a lot of cryptocurrency users in the future. A Closer Look at the Rabobit Service As the name Rabobit somewhat suggests, … Read more