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Tag: Fed

Economists haven’t been this critical of Fed tightening since 2010

Economists haven’t been this critical of Fed tightening since 2010 Economists haven’t been this critical of Fed tightening since 2010

Economists are beginning to think that Federal Reserve of the United States is tightening monetary policy too much. That is the conclusion of the results of a survey by the National Association for Business Economics (NABEfor its acronym in English) published on Monday, which showed that 21% of respondents consider the current monetary policy stance […]

Americans’ discontent with the economy endangers Biden’s reelection

Americans’ discontent with the economy endangers Biden’s reelection Americans’ discontent with the economy endangers Biden’s reelection

Thousands of workers at the luxurious Las Vegas casinos spent months on the warpath for wage increases. The feeling that money is not enough is shared by millions of Americans, and undermines the re-election chances of Joe Biden. “The economy is horrible. “Inflation has hurt everyone,” Jennine Minervini, of the Culinary Workers union, told AFP […]

Economic analysts now expect the dollar to be at S/3.75

Economic analysts now expect the dollar to be at S/3.75 Economic analysts now expect the dollar to be at S/3.75

Economic analysts expect the dollar to be at S/3.75 at the end of 2024, according to the macroeconomic expectations survey carried out by the Central Reserve Bank of Peru (BCRP). In this way, they have been reducing this variable, since in December 2023 they expected to reach S/3.78 and in November, to S/3.80. For their […]

Price of the dollar: why did the exchange rate rise in Peru and what awaits Latin American currencies?

Price of the dollar: why did the exchange rate rise in Peru and what awaits Latin American currencies? Price of the dollar: why did the exchange rate rise in Peru and what awaits Latin American currencies?

The direction of the dollar will respond in the coming months to external factors more than domestic ones, for which the monetary policy stance of the United States Federal Reserve (Fed) will be important, says a recent report by Credicorp Capital. At the beginning of the year, the currency has shown a tendency towards appreciation […]

Fed leaves rates unchanged for the fourth time in a row

Fed leaves rates unchanged for the fourth time in a row Fed leaves rates unchanged for the fourth time in a row

The Federal Reserve (Fed) of the United States left interest rates last Wednesday, January 31 no changes in the range of 5.25% and 5.50%but took an important step to reduce them in the coming months in a message that mitigated concerns about inflation and eliminated a long-standing reference to possible new increases in borrowing costs, […]

Powell: Fed will lower interest rates “sometime this year”

Powell: Fed will lower interest rates “sometime this year” Powell: Fed will lower interest rates “sometime this year”

The president of the Federal Reserve (Fed) of the United States, Jerome Powell, said this Wednesday that if the economy evolves “Generally speaking, as expected, it will probably be appropriate to start tapering the policy sometime this year.”. “We think our policy rate is probably at its peak for this tightening cycle“, he noted minutes […]

Federal Reserve keeps interest rates unchanged in the United States

Federal Reserve keeps interest rates unchanged in the United States Federal Reserve keeps interest rates unchanged in the United States

The Federal Reserve The United States Federal Reserve (Fed) announced this Wednesday that it is maintaining interest rates in their current range and stated that it does not expect it to be appropriate to reduce the target range until it is certain that inflation is moving sustainably towards 2%. “In assessing the appropriate stance of […]

Job creation grows in the US in December with 216,000 positions

Job creation grows in the US in December with 216,000 positions Job creation grows in the US in December with 216,000 positions

Wages increased 0.4% in December compared to the previous month, the Department of Labor indicated. These solid figures are released at a time when the Federal Reserve’s decision to raise interest rates is having the intended effects of reducing demand and inflation. Join the La República WhatsApp channel Price of the dollar in Peru: what […]

Fed believes rates have reached their peak, but leaves door open for more increases

Fed believes rates have reached their peak, but leaves door open for more increases Fed believes rates have reached their peak, but leaves door open for more increases

The Federal Reserve The American Federal Reserve (Fed) considers that interest rates have reached their peak, but leaves the door open to order future increases if economic conditions require it, according to the minutes of its last meeting, published this Wednesday. According to the minutes, regulators believe that the official interest rate is already “at […]

The dollar will reach S/3.80 in 2024, according to economic agents

The dollar will reach S/3.80 in 2024, according to economic agents The dollar will reach S/3.80 in 2024, according to economic agents

Economic analysts and companies in the financial system expect the dollar to be at S/3.80 at the end of 2024, according to the macroeconomic expectations survey carried out by the Central Reserve Bank of Peru (BCRP). Along these lines, specialists consulted by La República point out that although the currency has shown a fall in […]

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