economy
economy
UK Inflation Accelerates to 3.8%, Highest Since Early 2024
Background on the Situation The United Kingdom’s inflation rate increased more than anticipated in July, reaching 3.8% annually, the highest...
economy
China Keeps Benchmark Interest Rates Unchanged for Third Consecutive Month
Background on China’s Interest Rates and Their Importance China has maintained its benchmark interest rates unchanged for the third consecutive...
economy
Banco de México Should Halt Rate Cuts, Warns BX+ Economist
Background on Alejandro Saldaña and BX+ Bank Alejandro Saldaña is the Chief Economist at BX+ Bank, a prominent financial institution...
economy
US Treasury Secretary Scott Bessent Announces Fed Chair Candidate Interviews Starting September 1
Background on Jerome Powell’s Successor Search Scott Bessent, the United States Secretary of the Treasury, announced that interviews for Jerome...
economy
Canadian Inflation Slows in July, Aided by Lower Gas Prices
Background on Inflation and Relevant Figures Canada’s annual inflation rate slowed to 1.7% in July, partly due to a drop...
economy
S&P Maintains US Credit Rating at “AA+” Amid Tax Cuts and Tariffs
Background on Donald Trump and His Policies Donald J. Trump, the 45th President of the United States, has been a...
economy
Mexico Needs Broad Tax Reform, but Concerns Exist – Senator Francisco Chíguil
Background on the Speaker Francisco Chíguil is a senator representing the Morena party in Mexico. His political stance and position...
economy
IMEF Upgrades Mexico’s Growth Outlook to Weak 0.4% Amid Tariff Delays and Economic Performance
Introduction The Instituto Mexicano de Ejecutivos de Finanzas (IMEF) has slightly improved its growth outlook for Mexico this year, thanks...
economy
Uruguay’s Central Bank Cuts Interest Rate to 8.75% Amidst Controlled Inflation
Background on Banco Central del Uruguay (BCU) The Banco Central del Uruguay (BCU) is the country’s central bank, responsible for...
economy
Mexico’s Support for Pemex Does Not Negatively Impact Public Finances, Says Fitch
Background on Pemex and its Relevance Petróleos Mexicanos, commonly known as Pemex, is the Mexican state-owned petroleum company. Established in...