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  • Consumers price index: December 2022 quarter

    From stats.govt.nz

    Key facts Inflation rate for the December 2022 quarter: • quarterly inflation rate was 1.4 percent • annual inflation rate was 7.2 percent. Quarterly change In the December 2022 quarter the CPI rose 1.4 percent (1.5 percent with seasonal adjustment). • Housing and household utilities rose 1.3 percent, influenced by: • homeownership (up 2.1 percent) • actual rentals for housing (up 0.9 percent) • property maintenance (up 1.5 percent). • Food rose 1.8 percent, influenced by: • grocery food (up 3.3 percent) • meat, poultry, and fish (up 4.2 percent) • restaurant meals and ready-to-eat food (up 2.2 ... (full story)

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    Federal Reserve and the markets in standoff on rate hikes

    From apnews.com|Jan 24, 2023

    Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, ...

    BlackRock, Apollo Among Creditors Lending $500 Million to Core Scientific

    From bnnbloomberg.ca|Jan 24, 2023

    BlackRock Inc. and Apollo Global Management Inc. are among a group of creditors that lent around $500 million to bankrupt Bitcoin miner Core Scientific Inc. by purchasing its ...

    Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision

    From coindesk.com|Jan 24, 2023

    The District of Columbia Court of Appeals has set a date to begin hearing oral arguments in Grayscale Investment’s appeal of the Securities and Exchange Commission’s (SEC) ...

    •   Newer Stories
    Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors

    From coindesk.com|Jan 24, 2023

    Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the ...

    Scaramucci Sees Risk-Asset, Crypto Resurgence on Fed Pause

    From bnnbloomberg.ca|Jan 24, 2023

    Investor Anthony Scaramucci said he expects the Federal Reserve will pause its campaign to raise interest rates before reaching its 2% inflation goal, leading to a rally in risk ...

    Ethereum Merge a Factor in ETH’s Deflationary Turn

    From blockworks.co|Jan 24, 2023

    Ethereum’s native token, ether, has turned deflationary. Again. What’s driving the latest shift is a combination of factors, according to Blockworks Research analysts, previous ...

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  • Story Stats
  • Posted: Jan 24, 2023 4:45pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 2,014
  • Linked event:
    NZ CPI q/q
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