The data in the Fed minutes in the United States show the institution’s willingness to make further interest rate cuts before the end of the year.

However, “the governing body emphasized that the impact of tariffs on prices is still uncertain and that high levels of inflation could be more persistent than expected.”

During the last meeting of the Federal Open Market Committee (FOMC) members of the United States Federal Reserve (Fed), on September 17, they indicated their willingness to lower interest rates again this year, although with some fear that inflation could pick up.

The majority of participants in the meeting indicated that “it would be appropriate to further ease policy during the remainder of the year,” without neglecting the upside risks to their inflation outlook.

In the committee vote, those responsible for national monetary policy voted 11 to 1 for a 25 basis point reduction in interest rates “and leaving them in the range of 4% to 4.25%, the first cut in 2025.”

The results of last month’s meeting on macroeconomic projections left the path is open to “two more quarter-point cuts by the end of the year within their baseline scenario. However, six of the 19 participants projected one cut or none at all.”

M.Pino

Source: elconfidencial

(Reference image source: Joshua Hoehne on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada The Fed could implement further cuts before the end of the year          apareció primero en Bitfinance.

The Organization for Economic Co-operation and Development (OECD)’s global growth forecasts for 2025 are slightly encouraging, with the organization raising the figure to 3.2 %.

The OECD has considered aspects such as the impact of geopolitical conflicts and increased trade tensions, as well as global economic resilience and interest rate adjustments.

The figures are different for each region. In the Eurozone, for example, the weakest economies have been Germany (0 % in 2024 and 0.7 % in 2025), France (1.1 % in 2024 and 0.9 % in 2025) and Italy (0.5 % in 2024 and 0.9 % in 2025).

Regarding Spain in particular, according to the OECD, GDP will rise by 3 % this year “and will be the second highest of all Member States, only behind Turkey (3.5 %)”.

In the case of the United States, its growth has been solid and is expected to remain at 2.8 % this year and 2.4 % next year.

China and India, in the Asian region, have provided surprises: China (4.9 % in 2024 and 4.7 % in 2025) and India (6.8 % and 6.9 %, respectively). And they are followed in Latin America by Brazil (3.2 % and 2.3 %) and Mexico (1.4 % and 1.2 %). Regarding Argentina, which is recovering at the end of the year, the OECD estimates that growth will be somewhat higher both in 2025 (2.2 %) and in 2026 (2.1 %), thanks to the fact that the country is preparing to emerge from the recession it has been experiencing.

M.Pino

Source: DW

(Reference image source: Getty Images for Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada OECD raises global growth forecast for 2025 apareció primero en Bitfinance.

The World Trade Organization established the projections for world trade growth for 2024 and 2025, placing them at 2.7 % and 3 %, respectively.

According to the international institution, it has established the estimates taking into account destabilizing factors such as the increase in geopolitical tensions and economic policies, in addition to inflation and the reduction of interest rates in the different regions.

“World merchandise trade is set to rise by 2.7 % this year, after a 1.1 % decline in 2023, which would mean a recovery pace slightly higher than the 2.6 % projected last April by the World Trade Organization (WTO).”

On inflation, a factor that increases distrust in the world’s economies, the WTO stresses that by mid-2024 it had fallen enough “to allow central banks to begin lowering interest rates, adding that lower inflation should increase household real income and encourage consumer spending, while lower interest rates should increase business investment.”

However, it is forward-looking and warns that “divergent monetary policies among major economies could lead to financial volatility and changes in capital flows, as central banks reduce interest rates, which could make debt service more difficult, particularly for poorer economies.”

The organization is optimistic but alert, according to the director general of the WTO, Ngozi Okonjo-Iweala, regarding possible setbacks that may arise from the worsening of regional wars, such as those in the Middle East.

She stressed that since the creation of the organization, three decades ago, per capita income in middle- and low-income economies has almost tripled, so in her opinion it is necessary to continue “working collectively to guarantee global economic stability and sustained growth, since they are essential to improve the well-being of people around the world.”

The WTO has detailed that the short-ter short-t m outlook for trade in services is more positive than for goods, “with an 8 % year-on-year growth in dollars in trade in commercial services during the first quarter of 2024.”

M.Pino

Source: americaeconomia

(Reference image source: Amira El Fohail en Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada WTO: world trade to grow 2.7 % in 2024 and 3 % in 2025 apareció primero en Bitfinance.

The upward trend in the price of bitcoin during the month of September could extend to reach an all-time high in the month of October, according to cryptocurrency market analysts.

Normally, the ninth month of the year has been favorable for BTC. In 2024, despite the ups and downs in the value of the cryptocurrency, investors and analysts are optimistic.

Traders and analysts are taking into account the possible boost from factors such as the reduction in interest rates and the presidential elections in November in the United States. A “robust stock market” may also be favorable to the main digital asset.

In October, the price of BTC could reach a new all-time high (ATH) “with the breakout of the bearish channel as the key” to give way to a bullish scenario, which could boost the value of bitcoin to $100,000. “If everything follows a logical course, this last quarter we could see bitcoin marking a new ATH, far exceeding $75,000,” the analysts indicate.

M.Pino

Source: criptotendencias

(Reference image source: Getty Images for Unsplash+)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Bitcoin price could hit all-time high in October apareció primero en Bitfinance.

Inflation in the United States will continue to fall, according to the predictions of Federal Reserve (Fed) Chairman Jerome Powell. The official also believes that further interest rate cuts will occur this year.

Powell stated before participating in an event of the Association for Business Economics Foundation (NABE) in Nashville (Tennessee) that “economic conditions open the way for further moderation of inflation,” adding that the labor market has remained stable.

Regarding interest rates, it is important to remember that the Fed applied a cut during its recent meeting on September 18, for the first time since 2020. This reduction was “half a percentage point, to prevent the labor market from deteriorating too quickly.

The president of the Fed foresees that if the economy evolves globally as they have calculated, “the (monetary) policy will go with the passage of time towards a more neutral orientation; that is, lower rates”.

M.Pino

Source: bancaynegocios

(Reference image source: Planet Volumes for Unsplash+)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Powell predicts that inflation in the United States will continue to fall apareció primero en Bitfinance.