Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %.
With this decision, the financial entity aspires to slow down inflation, which stood at 6.02 % during the first half of June. Headline inflation is…
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inflation
Inflation in Argentina continues to slow down
Inflation in Argentina in May advanced by 3.3 % compared to April, slowing down by 0.8 points compared to April and standing at 21.5 % so far this year, according to data released this Wednesday by the National Institute of Statistics and…
JPMorgan has large amounts of cash accumulated
The CEO of JPMorgan Chase, Jamie Dimon indicated that the institution is accumulating large amounts of cash to prepare for a possible rise in inflation.
The main objective of the largest bank in the United States is to be able to benefit…
Inflation in Venezuela advances 19.6 % in May
Inflation in Venezuela stood at 19.6 % in May, accumulating a level of 2,950 % in the accumulated period of twelve months and 307.3 % so far this year, as reported this Wednesday by the Venezuelan Observatory of Finance.
The coordinator of…
Inflation of Argentina increased 4.1 % in April
Inflation in Argentina during the month of April advanced by 4.1 % compared to the previous month, which represents a deceleration of 0.7 points compared to the March data, as published this Thursday by the National Institute of Statistics…
Inflation in Argentina continues to grow
Argentina's inflation advanced 4.8 % month-on-month in March, the highest level so far this year, which in the accumulated rate of the year is 13 %, according to data published this Thursday by the National Institute of Statistics and…
Inflation in Brazil rose to 0.93% in March
Inflation in Brazil accelerated by 0.93 % during the month of March, which is the highest figure for this month since 2015 when the national price index stood at 1.32 %, according to the Brazilian Institute of Geography and Statistics (IBGE…
ECB predicts economic growth in the European region
The euro zone economy will grow this year at a rate of 4 %, one tenth more than expected last December, although in 2020 the rebound will be 4.1 % instead of the 4.2 % previously estimated. Meanwhile, the bloc's inflation rate will…
US CPI stood at 1.7% during February
The consumer price index (CPI) of the United States stood at 1.7 % last February, three tenths above the year-on-year inflation rate registered the previous month. It represents the highest price increase in the country since February 2020,…
BlackRock opens its doors to receive bitcoin
This Wednesday, BlackRock financial Management's chief investment officer, Rick Rieder, revealed in an interview conducted by CNBC's Squawk Box BlackRock's interest in venturing into cryptocurrencies, ensuring that the company has already…
Inflation in the US remains at 1.4 % in January
The consumer price index (CPI) of the United States stood at 1.4 % last January compared to the same month last year, so it did not register any change compared to the year-on-year inflation observed during the previous month, according to…
Inflation in Brazil in 2020 was 4.52%
The Brazilian Consumer Price Index (IPCA) closed 2020 with a level of 4.52%, which is the highest accumulated figure since 2016, after an increase of 0.21 percentage points compared to the previous year, according to data published this…