The US economy is facing a setback as a result of decisions made since 2015 by President Donald Trump, the Supreme Court's ruling that the president's tariff collection was illegal, and federal government spending that exceeds revenue by $2 trillion. All of this has pushed the sovereign debt above…
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Browsing Tag
interest rates
The Fed unanimously decided to keep rates in the 3.50 %–3.75 % range
The US Federal Reserve decided on June 17 to maintain interest rates at 3.50%–3.75%. The decision resulted from a unanimous vote by the FOMC.
According to the FOMC's statement, "productivity and capital investment remain strong, while job…
Fed leaves rates unchanged
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…
The Fed keeps rates current without short-term cuts expectations
Fed Chairman Jerome Powell indicated this Wednesday that interest rates will remain in the 3.5 %–3.75 % range, while tempering expectations of short-term cuts.
On the other hand, the Federal Reserve noted “improvements in the U.S. economy,…
Eurozone inflation surpasses expectations
In September, eurozone inflation exceeded analysts' projections, closing the month with a 2.2 % increase. This trend was driven by rising prices for goods and services, particularly energy costs.
According to the European Central Bank…
South Korea cuts interest rates to 2.75 %
Last week, the Bank of South Korea announced a cut in the country's growth forecasts, as well as a reduction in interest rates to 2.7 % with the intention of boosting the economy in the face of US taxes and dealing with political…
Interest rates in America like a see-saw game
Interest rates remain low in some American countries, such as the United States, Chile and Colombia. While upward changes are seen in Colombia and Mexico.
The exchange market experiences a dynamic similar to the see-saw game, with…
Brazil reduced interest rates to lowest level in two years
The Central Bank of Brazil reduced interest rates by 0.5 % this Wednesday, reaching the lowest level since 2023, when they remained at 13.75 %. Thus, the country maintains the basic interest rate of the economy (the Selic rate) at 10.75 %…
The Fed will not cut interest rates for the time being
The Federal Reserve (Fed) has made it clear that it will not cut interest rates until it is certain that inflation is falling sustainably towards the 2% target, according to the minutes of its last meeting held at the end of January and…
The Federal Reserve could cut interest rates again
The Federal Open Market Committee (FOMC) of the US Federal Reserve discussed the possibility of lowering interest rates in 2024, but stressed the need to maintain a restrictive stance to control inflation, according to the minutes of its…
US Federal Reserve maintains interest rates
The United States Federal Reserve decided this Wednesday to maintain interest rates in a range of 5.25 and 5.5 %, although it does not close the door to new increases.
The Federal Open Market Committee (FOMC) of the Fed issued a statement…
Colombia forecasts economic growth and inflationary challenges
The Colombian Government has released its calculations regarding the expected increase in the country's Gross Domestic Product (GDP) for this year, setting the estimates between 1.8% and 2%, as reported by Europa Press on August 17, 2023.…