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Fed raises rates for the tenth time to curb US inflation.

Fed raises rates for the tenth time to curb US inflation. Fed raises rates for the tenth time to curb US inflation.

The United States Federal Reserve (Fed) raised its main official interest rate by a quarter of a percentage point on Wednesday for the tenth consecutive time since March 2022, to curb inflation despite signs of a slowdown in the economy and the recent banking crisis. . The unanimous decision raised the US central bank’s benchmark […]

Mexican peso hits strongest level since 2017 after Fed decision

Mexican peso hits strongest level since 2017 after Fed decision Mexican peso hits strongest level since 2017 after Fed decision

The Mexican peso rose to its strongest level in almost six years after the Federal Reserve (Fed) raised interest rates by a quarter of a percentage point and hinted at the end of its tightening cycle. The currency rose 0.8% to 17.8315 per dollar on Wednesday, the strongest level since September 2017. High interest rates, […]

FED raises its reference rate by 0.25 points: US rates hit 2007 highs

FED raises its reference rate by 0.25 points: US rates hit 2007 highs FED raises its reference rate by 0.25 points: US rates hit 2007 highs

The Federal Reserve (FED) The US announced this Wednesday a new rise in interest rates of 0.25 points, a quarter of a point, which places rates in a range of between 5 and 5.25%, as reported by the EFE agency . The increase, the tenth in the last year, is in line with what was […]

Key Fed officials see return of low-rate world likely

Key Fed officials see return of low-rate world likely Key Fed officials see return of low-rate world likely

For all the claims that the pandemic and the spike in inflation that followed it have ended the era of low interest rates, top policymakers at the Federal Reserve and elsewhere continue to see a return to that world. as a probable outcome in the future. The fed is nearing the end of its epic […]

Federal Reserve prepares to jump to a 5% rate and catch its breath

Federal Reserve prepares to jump to a 5% rate and catch its breath Federal Reserve prepares to jump to a 5% rate and catch its breath

The Federal Reserve will kick off a two-day policy meeting on Tuesday in which the benchmark US central bank overnight interest rate is likely to hit its highest in nearly 16 years, hitting a possible plateau that will put tested the economy in a way that had not been seen since the start of the […]

With the US economy slowing, the Fed focuses on inflation

With the US economy slowing, the Fed focuses on inflation With the US economy slowing, the Fed focuses on inflation

Dark clouds are gathering over the US economy, but the Federal Reserve (Fed)which will meet this week, maintains the course of its strategy despite the looming storm and seeks to continue trying to tame the inflation. The priority of the Fed (central bank), whose economic policy committee will deliberate Tuesday and Wednesday, is to prevent […]

JPMorgan acquires First Republic Bank for $10.6 billion

JPMorgan acquires First Republic Bank for $10.6 billion JPMorgan acquires First Republic Bank for $10.6 billion

The financial crisis in USA, which began with the bankruptcy of Silicon Valley Bank (SVB), has brought a new victim, as reported by the newspaper El PaĆ­s (Spain). In the early hours of this Monday, May 1, the Federal Deposit Insurance Corporation (FDIC) announced the intervention of First Republic Bank and a sale agreement to […]

Fed is ready to raise rates again. And then what?

Fed is ready to raise rates again. And then what? Fed is ready to raise rates again.  And then what?

The Federal Reserve is preparing to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation at the fastest rate of rise in four decades. However, economists and Wall Street traders will be more interested in what the fed and its owner Jerome Powell […]

Bullard rules out talk of recession and is in favor of more rate hikes

Bullard rules out talk of recession and is in favor of more rate hikes Bullard rules out talk of recession and is in favor of more rate hikes

The US central bank should continue to raise interest rates in light of recent data showing inflation remains persistent, while the overall economy appears poised to continue growing, albeit slowly, the Fed chairman said. Federal of Saint Louis, James Bullard. In an interview with Reuters, bullard responded to views that the United States is headed […]

Traders bet the Fed will raise rates in May

Traders bet the Fed will raise rates in May Traders bet the Fed will raise rates in May

The Federal Reserve is on track to raise its benchmark interest rate in May another quarter of a percentage point, futures traders say, following comments from an influential US central banker that higher borrowing costs are needed to fight inflation . US short-term interest rate futures now reflect the view that a May rate hike […]