Last Wednesday, the US Federal Reserve finally implemented a quarter-point reduction in interest rates, setting them between 4 % and 4.25 %.
In a climate of uncertainty, the Fed made the announcement after a lengthy meeting of its Federal Open Market Committee (FOMC).
A weaker labor market has…
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US Federal Reserve
Effects of the Fed’s decisions in Latin America
The decisions of the US Federal Reserve (Fed) exert a direct influence on the monetary sector of Latin American countries.
If the organization maintains or lowers interest rates, Latin American stock markets react in different ways, but…
Fed to cut interest rates before inflation drops to 2 %
Jerome Powell, president of the United States Federal Reserve, Fed, declared this Monday, July 15, that the organization will cut interest rates before inflation in the country reaches 2 %.
Powell stressed that the agency seeks "confidence…