Federal Reserve Chairman Jerome Powell on Wednesday reinforced the message that the Fed is increasingly focusing on the slowing labor market rather than just taming inflation, a shift that signals interest rate cuts are likely to begin soon. “We’re not just a central bank dedicated to addressing inflation,” Powell told the House Financial Services Committee, … Read more
The US Federal Reserve stressed the importance of its political independence at a time when Donald Trump, who has frequently attacked the Fed’s policymaking in the past, is moving closer to formally becoming the Republican presidential nominee. On Friday, the Fed released its semiannual report on its interest rate policies, a typically dry document that … Read more
WASHINGTON (apro).-The Federal Reserve or Central Bank of the United States, decided to leave the interest rates on interbank loans intact, despite the news that between the months of April and May of this year the inflationary bubble of the macroeconomy fell 0.1%. After two days of session, the Federal Reserve Open Market Committee considered … Read more
WASHINGTON (apro).– Without changes, was the decision made by the Open Market Committee (CMA) of the Federal Reserve (FED) (Central Bank) of the United States regarding the interest rates of interbank credits as a preventive measure against increasing inflation rate. At the conclusion of the two-day session, the CMA governors opted to maintain short-term bank … Read more
The peso resists and advances in this electoral contest. During the last six months it gained 1.02 pesos against the dollar, equivalent to a rebound of 5.06%. Performance that differs from the behavior of our currency in past federal elections. Even a month and a few days after the start of the Electoral campaignsOn April … Read more
WASHINGTON (AP) — U.S. consumer price increases remained high last month, driven by gasoline, rents and auto insurance, the government said Wednesday in a report that is likely to fuel debate at the Federal Reserve. on whether to reduce interest rates this year. Prices except for the volatile food and energy categories rose 0.4% from … Read more
WASHINGTON (AP) — Federal Reserve policymakers will likely cut their benchmark rates later this year, Chairman Jerome Powell said Wednesday, despite recent reports showing the U.S. economy remains strong and inflation has picked up. in January and February. “Recent data do not substantially change the overall picture,” Powell said in a speech at Stanford University, … Read more
WASHINGTON (apro).- The Open Market Committee of the Federal Reserve (Central Bank) of the United States left intact the interest rates that remain at 5.25% and 5.5%, it is the banking policy figure that remains in this level from July 2023. The governors of the open market committee determined based on the macroeconomic health and … Read more
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/6I7V3MR2JCRI3ROJYVZVBJKCQ4.jpg?w=1200&resize=1200,800&ssl=1 "The S&P 500 index records its first all-time high in two years thanks to the artificial intelligence business | Economy")
A street sign points the direction of Wall Street.ANDREW KELLY (REUTERS) The S&P 500 index recorded its first all-time high in two years this Friday thanks to the momentum of chip makers and other major technology stocks, the result of optimism generated by artificial intelligence (AI). Speculation about an upcoming rate cut by the Federal … Read more
U.S. Federal Reserve Chairman Jerome Powell speaks during a news conference at Federal Reserve Headquarters December 13, 2023 in Washington, DC. (Photo by Win McNamee/Getty Images) (Win McNamee via Getty Images) RBC Capital’s Lori Calvasina became the latest strategist to raise the level at which the S&P 500 will close in 2024, raising her forecast … Read more
