The president of the Federal Reserve (Fed)Jerome Powell reiterated this Friday that they are in no hurry to cut the interest rate this year, during an event in California (USA) Powell assured that such action will not be taken until he sees “better inflation readings” and is more confident that annual price increases are falling […]
Tag: interest rate
China is committed to a ‘renewal plan’ of US$696 billion to reactivate consumption
He Chinese Government seeks to boost its economy, to do so it published a plan to promote the renewal of machinery or the delivery of consumer goods as part of the payment to acquire new ones that, according to the local press, will give a new boost to national consumption by opening a market of […]
The 4 loans offered by Banco de la Nación: what are the requirements to access in 2024?
If you are interested in applying for a loan, take note. Banco de la Nación offers a variety of loans aimed at public sector workers and retirees who receive their pension through the State. Therefore, if you are looking to start a project, pay debts or simply need cash, this information will be very useful […]
Loans of S/10,000 instantly from banks and savings banks: which offers the lowest interest to pay in 1 year?
Many times the monthly salary is not enough to cover all our pending expenses or, perhaps, there is a last-minute financial problem. If this is your case, one option is to request a personal loan of S/10,000 from banks and savings banks, supervised by the S.B.S. (Superintendency of Banking, Insurance and AFP). However, first you […]
Which credit card charges the least interest, according to the SBS?
Choosing the right credit card in a financial market saturated with options can be a tedious task. Therefore, the S.B.S. (Superintendency of Banking, Insurance and AFP) has simplified the work and offers a table that compares the interest rates of different financial entities. In order for you to make an informed decision and not fall […]
Mortgage loan from Banco de la Nación: who is it aimed at and how to process it?
Review everything about the mortgage loan from Banco de la Nación: requirements, procedures. Your step towards home ownership starts here. Get informed! Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Tuesday, December 26? Consult Infocorp for free: 3 steps to find out with your […]
Argentines flee bank deposits after huge official rate cut: sources
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The banks of the Argentine financial system showed on Tuesday an abrupt cancellation of deposits in pesos in response to the decision of the central bank (BCRA) to abruptly cut the rate within the framework of a new monetary policy, two sources in the sector told Reuters. Savers now receive a maximum of 110% per […]
Wall Street rises as yields fall and traders assess economic data
The main indices of Wall Street rose on Wednesday, helped by bets that the Federal Reserve (FED) has reached the end of its rises interest rates and a drop in longer-dated Treasury yields as traders evaluated the latest batch of economic data. At 1501 GMT, the Dow Jones Industrial Average gained 87.71 points, or 0.25%, […]
Banco de México maintains the interest rate unchanged at 11.25% for the fifth time
He Bank of Mexico (Banxico) remained unchanged this Thursday, for the fifth consecutive time, the interest rate at 11.25%, the highest level in its history, announcing that it will still have to keep it that way “for a certain time”. In its announcement, which was within market expectations, the central bank “recognized that the disinflationary […]
New bank loans in China fall in July and credit growth falls further
new bank loans China fell in July and other key indicators of the credit they also weakened, despite currency leaders cutting interest rates and pledging more support for the faltering economy. Chinese banks made 345.9 billion yuan ($47.8 billion) in new yuan loans in July, an 89% drop from June and the lowest level since […]