economy

Global Uncertainty Persists Despite US-EU Trade Agreement: ECB President

Global Uncertainty Persists Despite US-EU Trade Agreement: ECB President

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August 20, 2025

Background on Christine Lagarde and the European Central Bank (ECB) Christine Lagarde, the President of the European Central Bank (ECB),...

Argentina’s Economic Activity Surges 6.4% in June

Argentina’s Economic Activity Surges 6.4% in June

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August 20, 2025

Overview of Argentina’s Economic Performance Argentina’s economic activity (EMAE) increased by 6.4% in June, as reported by the National Institute...

Fed Minutes: Bowman and Waller Voted for Interest Rate Cut, Lacked Support

Fed Minutes: Bowman and Waller Voted for Interest Rate Cut, Lacked Support

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August 20, 2025

Background on Key Figures and Context The Federal Reserve, led by Chair Jerome Powell, is the central banking system of...

Extreme Income Inequality in Mexico: 35% of National Income Concentrated in Top 1%

Extreme Income Inequality in Mexico: 35% of National Income Concentrated in Top 1%

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August 20, 2025

Introduction According to the Institute for Studies on Inequality (INDESIG) and Oxfam Mexico, despite recent progress in reducing overall inequalities,...

Trump Calls for Fed Governor Lisa Cook’s Resignation Amidst Alleged Mortgage Fraud

Trump Calls for Fed Governor Lisa Cook’s Resignation Amidst Alleged Mortgage Fraud

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August 20, 2025

Background on Lisa Cook and Her Relevance Lisa Cook is a current governor of the Federal Reserve System, serving under...

Donald Trump Calls for Fed Governor Lisa Cook’s Resignation Amidst Alleged Mortgage Fraud

Donald Trump Calls for Fed Governor Lisa Cook’s Resignation Amidst Alleged Mortgage Fraud

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August 20, 2025

Background on Lisa Cook and Her Relevance Lisa Cook is a current governor of the Federal Reserve System, serving under...

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...

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