Internationally, Federal Reserve Chair Jerome Powell warned that persistently high inflation will likely delay any interest rate cuts until later this year, opening the door to a longer period of high rates. .
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The dollar exchange rate started slightly lower and was around S/3.7446, according to preliminary data from the Bloomberg international currency exchange portal.
The day before, the greenback had started its career at S/3.7475 and then progressed to the official closing of S/3.7550 set by the Central Reserve Bank (BCRP).
Internationally, Federal Reserve Chair Jerome Powell warned that persistently high inflation will likely delay any interest rate cuts until later this year, opening the door to a longer period of high rates. .
Meanwhile, China reported on Tuesday year-on-year economic growth of 5.3% in the first quarter of 2024, above analyst projections, despite the crisis in the real estate sector and the low level of consumption.
Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
