Browsing Tag

interest rate

Powell does not rule out an interest increase at the end of the year

The President of the United States Federal Reserve (Fed), Jerome Powell, reported that the institution he leads decided to maintain interest rates in the current range of 5.25 % to 5.5 %, but that a new rise before the end of the year. "Most members believe it is more likely that it will be…

The Bank of Mexico increases the interest rate to 7%

The majority of the members of the Bank of Mexico decided to increase the reference interest rate by 50 basis points to reach 7%. Four of the five leaders of the financial entity voted for the eighth consecutive increase in the face of…