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  • Dec 25, 2024

Bank of Thailand Sees Inflation in 1% to 3% Range Through 2026

(Bloomberg) -- Bank of Thailand expects inflation to stay within the 1% to 3% target range in the next two years, Governor Sethaput Suthiwartnarueput said, describing the band as appropriate and supportive of the nation’s growth potential.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe central bank chief said the inflation target, which has been kept for a fifth straight year, has “a proven track record of anchoring medium-term inflation expectations” and

  • Dec 25, 2024

Wall Street Split on Turkey’s Likely First Rate Cut in Years

(Bloomberg) -- Turkey’s central bank is expected to deliver its first interest rate cut in nearly two years on Thursday, with major banks divided on the size of the reduction.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayPolicymakers led by Governor Fatih Karahan will lower the benchmark rate of one week repo to 48.25% from 50%, according to the median estimate in a Bloomberg survey of analysts.Predictions vary in the absence of clear guidance by the central

  • Dec 25, 2024

Can Coinbase Become the First Trillion-Dollar Cryptocurrency Stock by 2040?

Coinbase (NASDAQ: COIN) was founded in June 2012 with the sole purpose of facilitating the buying and selling of Bitcoin. While up-and-coming crypto start-ups could possibly be viewed as a threat to Coinbase's competitive position, the fact that this company has equity ownership in many of these businesses gives it financial upside should they succeed.

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