Last week, Jerome Powell chaired the Fed's final meeting, keeping rates between 3.5 % and 3.75 %, before being replaced by Kevin Warsh at the end of the month. In an official statement, the Federal Reserve indicated that inflation in the United States is high, adding that "developments in the…
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This Friday, May 1st, will be a bank holiday

This Friday, May 1st, bank branches throughout Venezuela will be closed due to the International Workers' Day holiday, according to the calendar of the National Superintendency of Banking Sector Institutions (Sudeban). The agency…

Germany’s GDP to grow by only 0.50 %

The German government admitted that GDP will only grow by 0.50 % this year, half of what was expected. Possible causes include stagnant exports and a lack of private investment. The country had a growth forecast of 1%, but this has been…