The head of the United States Federal Reserve (Fed), Jerome Powellannounced that the country will maintain interest rates in a range of 4.25% to 4.50%, a measure that reflects its cautious and flexible approach to economic risks. The decision contrasts with the statements of President Donald Trump during his speech at the 2025 World Economic […]
Tag: federal Reserve
US labor market surprises on the downside, unemployment rate rises to 4.3%
The US Bureau of Labor Statistics published its July employment situation report, reporting a two-tenths increase in the unemployment rate, which now stands at 4.3%, and recording an addition of 114,000 new jobs in non-agricultural payrolls, a figure significantly lower than the average for the last 12 months (215,000), which was accompanied by a downward […]
The Bank of Spain warns of a credit contraction in Latin America
He Bank of Spain points out that the process of relaxing monetary policy in Latin America has not been accompanied by an improvement in financial conditions in recent months, a situation that could worsen if the Federal Reserve of USA decided to raise interest rates. In its semi-annual report on the Latin American economy published […]
BCRP and Fed rate cuts are still uncertain
Even though US inflation continues to decline, reaching 2.6% in May, that is, ever closer to its 2% target, Jerome Powell, chairman of the Federal Reserve (Fed), said that they would still need more evidence that this inflationary behavior is constant before cutting interest rates. The Central Reserve Bank of Peru (BCRP) also decided to […]
Exchange rate closed June above S/3.83: How will it behave in the second part of the year?
In the first half of 2024, the exchange rate showed a notable increase in the Peruvian market, going from S/3.66 in March to S/3.80 in June, mainly due to the depreciation of copper, they report from Washington Capital. For the second half of the year, it is expected that the Fed would reduce its interest […]
Fed maintains its rates and Peru follows in its footsteps
Horizon. United States Federal Reserve maintains the reference rate between 5.25% and 5.50%. Join the WhatsApp channel The United States Federal Reserve (Fed) announced that benchmark interest rates will not fall as soon or significantly as expected. Along these lines, it kept borrowing costs at their highest range in the last two decades, between 5.25% […]
Fed minutes do not rule out that there may be new rate hikes in this cycle
Several members of the Federal Open Market Committee (FOMC) mentioned in their last meeting their willingness to tighten monetary policy even further if the risks to inflation materialize, after the first quarter of the year. there was data “disappointing”. This is revealed by the minutes of the meeting held on April 30 and May 1, […]
The United States GDP grew only 1.6% in the first quarter of the year
The president of the Federal Reserve (Fed), Jerome Powell, has acknowledged slower than expected progress and that the 1.6% GDP growth in the United States during the first quarter of the year is below analysts’ expectations. , who expected an increase of 2.2%. However, despite the fact that the figure shows a decrease of 1.8 […]
Yellen warns that the fall in inflation may not be smooth
The secretary of Treasure United States, Janet Yellenwarned that the decline in inflation It may not be “gentle”but he hoped that rents, one of the biggest contributors to rising prices, would fall throughout the year. “I wouldn’t expect this to be an easy path month to month, but the trend is clearly favorable. That said, […]
Inflation rebounds in the US in February and cools expectations of rapid rate cuts
Inflation picked up in February in USA and the data cools expectations of a rapid cut in interest rates by the Federal Reserve. The February number is known in the middle of the electoral campaign, with purchasing power as one of the central issues in the fight for the White House. The rise in consumer […]