economy

Trump Criticizes Powell for Not Lowering Interest Rates

Trump Criticizes Powell for Not Lowering Interest Rates

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May 8, 2025

Background on Jerome Powell and the Federal Reserve Jerome Powell, appointed as the Chair of the Federal Reserve (Fed) in...

Colombia’s April Inflation Surpasses Expectations, Impacting Monetary Policy

Colombia’s April Inflation Surpasses Expectations, Impacting Monetary Policy

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May 8, 2025

Background on Inflation and its Impact Inflation is a critical economic indicator that measures the rate at which the general...

Peruvian Central Bank Cuts Interest Rate by 25 Basis Points to 4.50%

Peruvian Central Bank Cuts Interest Rate by 25 Basis Points to 4.50%

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May 8, 2025

Background on the Banco Central de Perú The Banco Central de Perú (Central Bank of Peru) is the country’s autonomous...

Mexico’s Inflation Continues to Rise, Approaching Banxico’s Target

Mexico’s Inflation Continues to Rise, Approaching Banxico’s Target

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May 8, 2025

Background on Key Figures and Institutions Mexico’s inflation rate, as measured by the Consumer Price Index (CPI), has been on...

Bank of Japan Divided on When to Raise Rates

Bank of Japan Divided on When to Raise Rates

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May 8, 2025

Background and Relevance of the Bank of Japan Governor The Bank of Japan (BOJ) has been a pivotal institution in...

German Finance Minister Lars Klingbeil Calls for Immediate Economic Revival Amid Global Challenges

German Finance Minister Lars Klingbeil Calls for Immediate Economic Revival Amid Global Challenges

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May 8, 2025

Background on Lars Klingbeil and His Role Lars Klingbeil, the newly appointed German Minister of Finance, has emphasized the urgency...

EU Lawmakers Push for Increased Budget to Boost Defense Amid Rising Tensions with Russia

EU Lawmakers Push for Increased Budget to Boost Defense Amid Rising Tensions with Russia

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May 8, 2025

Background on the EU Lawmakers’ Call for a Larger Budget In response to the growing threat posed by Russia, European...

Mexico’s Central Bank to Weigh US Interest Rates More Heavily in Second Half of 2023

Mexico’s Central Bank to Weigh US Interest Rates More Heavily in Second Half of 2023

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May 8, 2025

Subgobernador Jonathan Heath Discusses the Influence of US Interest Rates on Banxico’s Decisions Jonathan Heath, the undersecretary of the Bank...

Brazil’s Central Bank Raises Interest Rate to 14.75%, Highest in Two Decades

Brazil’s Central Bank Raises Interest Rate to 14.75%, Highest in Two Decades

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May 8, 2025

Background on the Brazilian Central Bank (BCB) The Brazilian Central Bank (BCB) is the country’s monetary authority, responsible for managing...

Pemex Reports Nearly 50 Billion Pesos Underspending in Q1

Pemex Reports Nearly 50 Billion Pesos Underspending in Q1

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May 7, 2025

Background on Pemex and its Relevance Petróleos Mexicanos (Pemex), one of the most indebted petroleum companies globally, recently reported a...

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