economy

economy
Trump Criticizes Powell for Not Lowering Interest Rates
Background on Jerome Powell and the Federal Reserve Jerome Powell, appointed as the Chair of the Federal Reserve (Fed) in...

economy
Colombia’s April Inflation Surpasses Expectations, Impacting Monetary Policy
Background on Inflation and its Impact Inflation is a critical economic indicator that measures the rate at which the general...

economy
Peruvian Central Bank Cuts Interest Rate by 25 Basis Points to 4.50%
Background on the Banco Central de Perú The Banco Central de Perú (Central Bank of Peru) is the country’s autonomous...

economy
Mexico’s Inflation Continues to Rise, Approaching Banxico’s Target
Background on Key Figures and Institutions Mexico’s inflation rate, as measured by the Consumer Price Index (CPI), has been on...

economy
Bank of Japan Divided on When to Raise Rates
Background and Relevance of the Bank of Japan Governor The Bank of Japan (BOJ) has been a pivotal institution in...

economy
German Finance Minister Lars Klingbeil Calls for Immediate Economic Revival Amid Global Challenges
Background on Lars Klingbeil and His Role Lars Klingbeil, the newly appointed German Minister of Finance, has emphasized the urgency...

economy
EU Lawmakers Push for Increased Budget to Boost Defense Amid Rising Tensions with Russia
Background on the EU Lawmakers’ Call for a Larger Budget In response to the growing threat posed by Russia, European...

economy
Mexico’s Central Bank to Weigh US Interest Rates More Heavily in Second Half of 2023
Subgobernador Jonathan Heath Discusses the Influence of US Interest Rates on Banxico’s Decisions Jonathan Heath, the undersecretary of the Bank...

economy
Brazil’s Central Bank Raises Interest Rate to 14.75%, Highest in Two Decades
Background on the Brazilian Central Bank (BCB) The Brazilian Central Bank (BCB) is the country’s monetary authority, responsible for managing...

economy
Pemex Reports Nearly 50 Billion Pesos Underspending in Q1
Background on Pemex and its Relevance Petróleos Mexicanos (Pemex), one of the most indebted petroleum companies globally, recently reported a...