economy

economy
Patrick Harker Calls for Caution in Monetary Policy Amid Economic Uncertainty
Background on Patrick Harker and His Role Patrick Harker, the President of the Federal Reserve Bank of Philadelphia, delivered his...

economy
European Central Bank Cuts Interest Rates Again, Hinting at a Pause in July
Background on Christine Lagarde and the ECB Christine Lagarde, the President of the European Central Bank (ECB), announced on June...

economy
OCDE Inflation Rate Remains Steady at 4.2% in April
Overview of Global Inflation Trends The Organization for Economic Cooperation and Development (OCDE) reported that the annual inflation rate remained...

economy
Mexican Consumer Confidence Rebounds by 1.2 Points in April: A Shift After Six Months of Declines
Background on Claudia Sheinbaum and Her Impact Claudia Sheinbaum, the first female president of Mexico City, took office in October...

economy
US Remittance Tax May Initially Boost Sendings, but Could Foster Informal Market
Introduction Economists from Oxford Economics predict that if the US Senate approves a 3.5% tax on remittances, it could initially...

economy
Mexican Economy Continues to Show Weakness with Cyclical Indicators Below Long-Term Trend
Cyclical Indicators Signal Economic Weakness and Potential Recession The Mexican economy continues to exhibit signs of weakness, as reported by...

economy
Trump’s Tax Plan Projected to Add $2.4 Billion to National Debt, Less Than Initially Estimated
Background on the Tax Plan and Key Players The nonpartisan Congressional Budget Office (CBO) recently revised its estimate of how...

economy
Mexico and Guatemala to be Most Affected by US Remittance Tax
Introduction The proposed 3.5% tax on remittances by the U.S. government, initiated under Donald Trump’s administration, would significantly impact Mexico...

economy
China’s Industrial Activity Shrinks for Second Consecutive Month in May
Overview of China’s Industrial Slowdown China’s industrial activity contracted for the second consecutive month in May, despite a temporary truce...

economy
Moody’s Downgrades Brazil’s Outlook to Stable from Positive; Retains Ba1 Rating
Background on Moody’s and its Role Moody’s Analytics is a global provider of financial intelligence, serving clients in financial services,...