economy

UK Inflation Accelerates to 3.8%, Highest Since Early 2024

UK Inflation Accelerates to 3.8%, Highest Since Early 2024

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August 20, 2025

Background on the Situation The United Kingdom’s inflation rate increased more than anticipated in July, reaching 3.8% annually, the highest...

China Keeps Benchmark Interest Rates Unchanged for Third Consecutive Month

China Keeps Benchmark Interest Rates Unchanged for Third Consecutive Month

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August 20, 2025

Background on China’s Interest Rates and Their Importance China has maintained its benchmark interest rates unchanged for the third consecutive...

Banco de México Should Halt Rate Cuts, Warns BX+ Economist

Banco de México Should Halt Rate Cuts, Warns BX+ Economist

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August 20, 2025

Background on Alejandro Saldaña and BX+ Bank Alejandro Saldaña is the Chief Economist at BX+ Bank, a prominent financial institution...

US Treasury Secretary Scott Bessent Announces Fed Chair Candidate Interviews Starting September 1

US Treasury Secretary Scott Bessent Announces Fed Chair Candidate Interviews Starting September 1

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August 20, 2025

Background on Jerome Powell’s Successor Search Scott Bessent, the United States Secretary of the Treasury, announced that interviews for Jerome...

Canadian Inflation Slows in July, Aided by Lower Gas Prices

Canadian Inflation Slows in July, Aided by Lower Gas Prices

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August 20, 2025

Background on Inflation and Relevant Figures Canada’s annual inflation rate slowed to 1.7% in July, partly due to a drop...

S&P Maintains US Credit Rating at “AA+” Amid Tax Cuts and Tariffs

S&P Maintains US Credit Rating at “AA+” Amid Tax Cuts and Tariffs

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August 20, 2025

Background on Donald Trump and His Policies Donald J. Trump, the 45th President of the United States, has been a...

Mexico Needs Broad Tax Reform, but Concerns Exist – Senator Francisco Chíguil

Mexico Needs Broad Tax Reform, but Concerns Exist – Senator Francisco Chíguil

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August 19, 2025

Background on the Speaker Francisco Chíguil is a senator representing the Morena party in Mexico. His political stance and position...

IMEF Upgrades Mexico’s Growth Outlook to Weak 0.4% Amid Tariff Delays and Economic Performance

IMEF Upgrades Mexico’s Growth Outlook to Weak 0.4% Amid Tariff Delays and Economic Performance

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August 19, 2025

Introduction The Instituto Mexicano de Ejecutivos de Finanzas (IMEF) has slightly improved its growth outlook for Mexico this year, thanks...

Uruguay’s Central Bank Cuts Interest Rate to 8.75% Amidst Controlled Inflation

Uruguay’s Central Bank Cuts Interest Rate to 8.75% Amidst Controlled Inflation

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August 19, 2025

Background on Banco Central del Uruguay (BCU) The Banco Central del Uruguay (BCU) is the country’s central bank, responsible for...

Mexico’s Support for Pemex Does Not Negatively Impact Public Finances, Says Fitch

Mexico’s Support for Pemex Does Not Negatively Impact Public Finances, Says Fitch

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August 19, 2025

Background on Pemex and its Relevance Petróleos Mexicanos, commonly known as Pemex, is the Mexican state-owned petroleum company. Established in...

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