The Federal Reserve of the United States decides whether to raise rates again to try to reduce inflation in a week in which the central bank of Brazil will also make a decision on its own.
These are the economic keys that will mark the week in America:
MONDAY 1
May Day celebration around the world.
Peru publishes inflation for April.
TUESDAY 2
The members of the Federal Open Market Committee of the Federal Reserve begin their meeting in May, in which they will decide whether to approve a new increase in interest rates.
The Bank of Mexico publishes the survey with forecasts from private sector specialists for April after raising the GDP outlook and reducing inflation in March. In addition, it reports remittances for the first quarter of 2023 after an increase of 11.8% in the first two months to a record of 7,829 million dollars.
Brazil publishes the trade balance for April.
The Central Bank of Chile publishes the Monthly Index of Economic Activity (Imacec) for the month of March, which is considered an advance estimate of GDP.
The Mexican consortium Cemex, one of the largest cement producers in the world, reports its results for the first quarter after registering a net profit of 858 million dollars in 2022, 14% more.
The Brazilian utility ISA CTEEP, controlled by the Colombian company ISA, discloses its financial results for the first quarter of 2023.
Uber releases financial results for the first quarter of 2023. Ford and Pfizer also release their results.
WEDNESDAY 3
The Federal Reserve announces whether to raise interest rates after the two-day meeting of the members of the Federal Open Market Committee concludes. Also the central bank of Brazil takes a decision on interest rates.
The state company Petróleos Mexicanos (Pemex) reports its results for the first quarter of 2023 after earning 1,187 million dollars in 2022, when it broke nine years of losses.
The Brazilian aeronautics Embraer, world leader in the manufacture of aircraft for regional flights, discloses its financial results for the first quarter of 2023.
The Brazilian steel group Gerdau discloses its financial results for the first quarter of 2023.
THURSDAY 4
The United States publishes the data of its trade balance, exports and imports made during the month of March.
The National Institute of Statistics of Mexico publishes the unemployment rate for March after the index decline to 2.7% in February and the gross fixed investment for February after a year-on-year increase of 7.9% in January.
The Brazilian company Braskem, the largest petrochemical company in Latin America, discloses its financial results for the first quarter of 2023.
Bradesco bank, the second largest private financial entity in Brazil, discloses its financial results for the first quarter of 2023.
The Brazilian Eletrobras, the largest electricity company in Latin America, discloses its financial results for the first quarter of 2023.
Moderna today announces its latest quarterly results.
The OECD publishes inflation figures in its member countries.
FRIDAY 5
Colombia publishes the CPI for April.
The United States publishes the unemployment rate for April.
Source: EFE
Source: Gestion
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