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, […]
Tag: federal Reserve
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 […]
One year after the second largest bank failure in the US, vulnerability persists
One year after the collapse of Silicon Valley Bank (SVB)which was the second largest bank failure in the history of USA, Vulnerability persists in the regional banking sector, which is very sensitive to the trajectory of interest rates, and another entity of this type is now in trouble. SVB, the sixteenth largest bank by assets […]
Powell insists that the Federal Reserve is close to starting to reduce interest rates
The president of the Federal Reserve, Jerome Powellstated this Thursday that “it won’t be long” for the US central bank to cut rates and assured that the health of the US economy is better than that of any other developed country. Powell, who appeared before a US Senate committee this Thursday, added that when the […]
Moody’s maintains 2.2% growth outlook for Mexico’s economy in 2024
The agency Moody’s Investors Service this Friday maintained its growth estimate for the economy of Mexico at 2.2% by 2024, driven by strong domestic demand and the phenomenon of company relocation or ‘nearshoring’. In its latest global outlook 2024-25 in February, the rating agency warned that growth in G-20 economies will stabilize at modestly lower […]
Prices of personal consumption expenses rise 2.4% in one year in the US.
The price index on personal consumption expenditures (PCE), a key data that guides the monetary policy of the Federal Reserve of USAmarked an increase of 2.4% year-on-year in January, the Bureau of Economic Statistics (BEA) reported this Thursday. The data shows a decrease of two tenths in relation to the interannual PCE of December. In […]
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 […]
Federal Reserve could signal future rate cuts
The Federal Reserve It will probably move closer on Wednesday to reducing its benchmark interest rate after two years of increases designed to combat inflation. However, it will most likely not say when or how quickly it will make such reductions. While the US central bank is expected to reduce rates In the coming months, […]
IMF estimates that central banks will lower interest rates in the coming months
He International Monetary Fund (IMF) estimated this Tuesday that the main central banks world will begin to lower interest rates in the coming months, expectedly in the second half of this year. “What we are seeing is that central banks will delay easing until the second half of 2024. And that is when we anticipate […]
Large US banks warn of negative effects of higher capital requirements
Managers of the greats American banks They warned this Wednesday in the Senate of USA of the negative effects that the adaptation in this country of the Basel III standards prepared by the Federal Reserve and that would mean greater capital requirements for the entities. Basel III is a set of internationally agreed measures that […]