France sold 129 tons of gold it held in the US Federal Reserve to buy new bars in Europe, realizing a profit of €12.8 billion.
The process began in July 2015 and concluded in January of this year. “Instead of refining and transporting the old gold from the United States, the institution decided to…
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US Federal Reserve
Federal Reserve lowers interest rates for the first time since 2024
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…
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…