The Bank of Mexico (Banxico) cut interest rates to 6.25 %, effective Friday, November 6, in a 3-2 vote by the Governing Board.

Analysts indicate that the measure could remain in place for an extended period, coupled with the resumption of downward adjustments in the cost of credit, “despite the monetary authority’s upward revision of its year-end inflation expectations.”

The majority bloc of the Governing Board emphasized that the overall disinflationary process continues and that “the level of monetary tightening implemented continues to operate effectively on the economy.”

Authorities also noted that the slack in productive activity reduces domestic demand pressures, “which significantly limits the pass-through of the peso’s depreciation to consumer prices.”

Regarding inflation, the board indicated that between the first half of September and the first half of October 2026, annual headline inflation rose from 3.42 % to 3.62 %, due to higher energy prices and products included in the non-core index. Meanwhile, core inflation decreased marginally from 3.79 % to 3.78 % during the same period.

Despite adjustments to Banxico’s forecasts for the fourth quarter of 2026, “the central bank reaffirmed its expectation that headline inflation will converge to the 3.0 % target by the fourth quarter of 2027.”

M.Pino

Source: excelsior

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La entrada Banxico cut interest rates to 6.25 % apareció primero en Bitfinance.

In 2027, salaries in Spain could rise between 3 % and 3.5 %. According to the Michael Page 2027 Compensation Survey forecasts, for critical or hard-to-replace positions, the increase would range between 5 % and 7 %.

Regarding certain roles where there is a shortage of professionals, the consultancy estimates that companies will combine increases of between 2 % and 3 %.

According to specialists, “these estimates are subject to inflation during the last quarter of 2026. By sector, Industry, Financial Services, Energy, Pharmaceuticals, Real Estate and Construction, Hospitality, and Technology stand out for their salary and hiring prospects for the coming year.”

In the technology sector, there is strong demand for specialists in ERP systems, cybersecurity, data, and artificial intelligence. “In Engineering, automation engineers, health, safety, and environmental managers, and maintenance managers are in high demand.”

In discussions, compensation, benefits, and flexibility will continue to be key tools for attracting and retaining talent, particularly in positions with greater competition among companies.

The European directive on wages aims to “strengthen equal pay for women and men and increase clarity on remuneration criteria.”

M.Pino

Source: diariofinanciero

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La entrada Spain expects moderate salary increase in 2027 apareció primero en Bitfinance.

The Venezuelan oil company PDVSA projects extra production in seven years of one million barrels, as indicated this week by executive vice president, Jovany Martínez.

The goal is inserted within the framework of the commercial and energy alliance with the United States, promoted “by high-performance cases such as Petrozamora.”

Martínez gave details in an interview about the size and projections of the binational agreement, which covers 17 fields in total and has a “global support of 65,000 million barrels in reserves, distributed among more than 50,000 million in virgin land areas and more than 11,000 million in the western region.”

The extraction currently registered by the block assigned to the agreement is 220,000 barrels per day (bpd). The Petrozamora joint venture showed a recovery from 23,000 bpd to exceeding 100,000 bpd, with the goal of reaching 120,000 bpd by the end of December.

The executive referred to the immediate objectives of the Venezuelan oil industry, highlighting that the sector “is advancing steadily to achieve the goal of 1,300,000 barrels per day by December.” He announced that next year Venezuela will be able to break the barrier of one and a half million barrels per day thanks to the agreements.

M.Pino

Source: ultimasnoticias

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La entrada PDVSA projects one million extra barrels in seven years apareció primero en Bitfinance.

The US Federal Reserve left interest rates unchanged on Wednesday, leaving them between 3.75 % and 4 %.

The decision was supported by 10 of the 12 members responsible for the country’s monetary policy, while inflation continues to rise.

“The Federal Reserve has not achieved its long-term inflation target for more than five years, due to the worst inflation in the last 50 years created by the Joe Biden administration.” Data indicates that consumer inflation was 3.7 % in September. Fed officials have indicated that they see no urgency to raise rates again.

Regarding economic activity, the agency indicated that it is expanding at a strong pace.

M.Pino

Source: diariolasamericas

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La entrada The Fed keeps interest rates flat as US inflation rises apareció primero en Bitfinance.

Recent data from China’s National Bureau of Statistics reports year-on-year economic growth of 4.5 % in the last quarter.

“The figure slightly exceeded AFP’s projection of 4.4 %, based on a survey of economists, and remains at the lower end of the official target for 2026, of 4.5 to 5 %,” the agency stated.

On the other hand, retail trade grew 1.1 % year-on-year last month, exceeding projections from the financial agency Bloomberg.

The data is favorable, considering that China is facing a decline in domestic consumption.

M.Pino

Source: swissinfo

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La entrada China’s economy shows slight growth in last quarter apareció primero en Bitfinance.

During the meeting “Current Economic Issues: Dollarization in Venezuela?”, held at the Andrés Bello Catholic University (UCAB), economists María Antonia Moreno, Tamara Herrera, and Ronald Balza concluded that dollarization in the country will require fiscal, institutional, and statistical changes.

Tamara Herrera, director of Síntesis Financiera, pointed out that “any decision regarding the monetary regime must be supported by official data that allows for measuring its effects on businesses, industry, and the formal sector.”

Ronald Balza, dean of the Faculty of Economic and Social Sciences (FACES) at UCAB, highlighted the potential effects of a possible currency replacement on purchasing power. While acknowledging that “dollarization could help contain inflation,” he also warned that “it does not necessarily eliminate losses in real income and that the way the exchange rate is established could create winners and losers among different sectors.” Furthermore, he emphasized the need for transparent data on the Central Bank’s actions and the determination of the real foundations for replacing the bolívar.

In the case of economist María Antonia Moreno, a researcher at IIES-UCAB, her proposal leans toward a bimonetary system, including the legal circulation of both the dollar and the bolívar, which would allow for “reducing some of the risks associated with exchange rate volatility without completely eliminating monetary policy tools.” She warned that “official dollarization would eliminate exchange rate risk, but it would not resolve Venezuela’s external vulnerability. Furthermore, it would require the country to maintain sufficient international reserves to guarantee liquidity and would entail relinquishing instruments such as monetary policy, seigniorage, and the Central Bank of Venezuela’s (BCV) role as lender of last resort.”

In this regard, Moreno emphasized that the country’s current exchange rate regime does not meet the conditions for a bimonetary system, given that it must adhere “to strict fiscal discipline, because otherwise, its exchange rate between the bolívar and the dollar will not be credible.”

Moreno insisted that it is urgent to modify the institutional framework and restore autonomy to the Central Bank of Venezuela (BCV), in addition to establishing limits on public spending and state debt.

M.Pino

Source: elnacional

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La entrada Economists warn of conditions for dollarization in Venezuela apareció primero en Bitfinance.

The CEO of Empresas Polar, Lorenzo Mendoza, stated that Venezuela has formally entered a new phase of economic reconstruction in which the private sector and free enterprise will play a leading role, following the exhaustion of the statist economic model.

The statements were made during the presentation of the “1,000 Companies” program, a strategic initiative developed by Empresas Polar with the objective of offering technical training, continuing education, and comprehensive financing schemes to various productive projects nationwide, according to a report by the publication Banca y Negocios.

Mendoza emphasized the urgent need to move beyond self-employment or the informal subsistence economy and decisively advance toward “an organic entrepreneurial development process,” one that allows for the consolidation of formal, technically sound, sustainable businesses with the capacity for scalability in the market.

During his address, the business leader also analyzed the profound structural distortions that still constrain the operation of the Venezuelan productive sector, placing particular emphasis on the paralysis of credit.

“In Venezuela, there are many banks, but there is no banking system,” Mendoza lamented, demanding the establishment of financial mechanisms that reopen investment credit and the flow of working capital — essential factors for reactivating an industrial sector that was severely decapitalized after being unable to withstand “the blow of inflation and the market downturn.”

Faced with this situation, Mendoza urged the construction of a business ecosystem with a genuine social purpose, capable of combining innovation with technical rigor to overcome the shortcomings of the economic environment.

Finally, he reaffirmed his conviction about the country’s direction, stating: “I have no doubt that we are in a new stage, and I also have no doubt that every Venezuelan who thinks about the future is reflecting on this,” reiterating that technical training, capital investment, and the creation of business opportunities are the definitive path to overcome the past model.

With information from DOBLELLAVE

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La entrada Lorenzo Mendoza asserts private enterprise will lead Venezuela’s new stage apareció primero en Bitfinance.

The US Federal Reserve decided to raise interest rates to the 3.75 %-4 % range in a scenario characterized by high inflation.

This is the Fed’s first rate hike since July 2013 and one of the most controversial decisions by the new chairman of the agency, Kevin Warsh.

The rate increase could “intensify the differences with President Donald Trump, who has publicly pushed for lower rates.”

BREAKING: The Federal Reserve unanimously raised interest rates by a quarter percentage point and penciled in an additional hike later this year.

Follow our coverage for live updates ⤵️ https://t.co/Ii2fx5RPVG

— Bloomberg (@business) September 16, 2026

Projections point to a further increase before the end of 2026, although indicators such as inflation, employment, consumption, and financial conditions in the coming months will be crucial.

M.Pino

Source: diariobitcoin

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La entrada The Fed raised rates to 3.75 %-4 % as inflation continues to rise apareció primero en Bitfinance.

The Central Bank of Venezuela ordered remuneration of all bank deposits starting this Tuesday, September 15. The decision applies to demand deposits, fixed-term deposits, and checking accounts.

In this regard, demand deposits will have a minimum annual interest rate of 10 %, and savings deposits will increase from 32 % to 42 % annually. Fixed-term deposit rates will increase from 36 % to 46 % annually, although each bank may offer rates higher than the minimums set by the regulatory body.

With this measure, the Central Bank of Venezuela (BCV) seeks to stimulate savings in bolivars, the national currency, as well as contribute to price stability.

A partir del 15 de septiembre entra en vigencia el ajuste en las tasas de interés bancarias.

¡Todos los depósitos serán remunerados!

Ingresa al enlace para más información https://t.co/NCkDo70z2P pic.twitter.com/2Z246HlB0o

— Banco Central de Venezuela (@BCV_ORG_VE) September 15, 2026

M.Pino

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La entrada Central Bank of Venezuela announces adjustment of interest rates apareció primero en Bitfinance.

According to the Central Bank of Venezuela, inflation in August reflected a slowdown, reaching 8.9 %.

“This is the second lowest monthly variation reported by the issuing entity in 2016, only behind the 6.3 % recorded in May, and marks a significant moderation after the spike in July, when the CPI reached 19.9 %,” according to BCV data.

The August result reflects that the accumulated inflation for the year amounts to 200.1 %, while the year-on-year inflation stands at 534.2 %.

According to the Central Bank of Venezuela (BCV), August saw a recovery in distribution channels, along with less pressure on the foreign exchange market, reflected in a more contained exchange rate fluctuation and more stable prices for goods and services.

The central bank’s data showed the following double-digit monthly increases: housing services (excluding telephone) 12.3 %; communications 11.7 %; transportation 10.3 %; and miscellaneous goods and services 10.1 %.

On the other hand, household equipment increased by 9.6 %, while restaurants and hotels rose by 9.5 %, and housing rentals by 9.2 %. Clothing and footwear registered a 9 % increase, while alcoholic beverages and tobacco, and health services, both experienced increases of 8.9 %.

The smallest monthly increases were observed in the recreation and culture sector (8.4 %), and in the food and non-alcoholic beverages and education services sectors (8.2 %).

Regarding accumulated inflation between January and August, restaurants and hotels led the increases with 212.3 %, slightly above healthcare at 212%. Following these were miscellaneous goods and services (208 %), recreation and culture (204.8 %), clothing and footwear (202.2 %), and communications (201.7 %).

M.Pino

Source: finanzasdigital

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La entrada Venezuela’s inflation in August was 8.9 % apareció primero en Bitfinance.