economy
economy
US Job Market Weakens: October Sees Job Losses in Government and Retail Sectors, Rising Announced Layoffs Due to Cost Reduction and AI Adoption
Background on the Situation The US economy experienced job losses in October, primarily due to reductions in government and retail...
economy
European Central Bank (ECB) Not Ready for New Bond Purchases
Background on ECB’s Previous Actions The European Central Bank (ECB) has been gradually reducing the trillions of euros it injected...
economy
Federal Reserve of Chicago President Austan Goolsbee Cautious on Further Interest Rate Cuts Due to Lack of Inflation Data
Background on Austan Goolsbee and His Role Austan Goolsbee, the President of the Federal Reserve Bank of Chicago, plays a...
economy
Banco de México Adjusts Inflation Forecasts Upwards
Overview of Recent Monetary Policy Changes In their November monetary policy decision, Banco de México (Mexico’s central bank) made “moderate...
economy
Afores to Charge Workers a Maximum Commission of 0.54% in 2026; Rates Have Halved Over the Last Decade
Background on Afores and Their Commission Rates Afores, or Administrators of Retirement Funds in Mexico, manage individual retirement accounts for...
economy
Mexican Congress Approves 2026 Budget of 10.1 Billion Pesos with Resource Reallocation
Background on the Mexican Congress and its Role The Mexican Congress, composed of the Chamber of Deputies and the Senate,...
economy
US Job Cuts Reach Highest Level in Over 20 Years in October: Challenger, Gray & Christmas
Key Points: Over 150,000 jobs were cut in October, the largest monthly reduction in more than 20 years. Technology companies...
economy
Morena Proposes 12 Reservations for PEF 2026 Reallocations, Affecting Judicial Branch Most
Background on Key Players and Relevance Morena, a prominent political party in Mexico, is proposing 12 reservations to reallocate funds...
economy
BIS Warns of Inflation Risks from Tariffs, Advises Anchored Expectations
Background on the Bank for International Settlements (BIS) The Bank for International Settlements (BIS) is an international organization based in...
economy
Trump Criticizes Democrats as Government Shutdown Becomes Longest in U.S. History
Background on Key Players and Relevance Donald Trump, the President of the United States (EU), has been engaging in a...
