Inflation within the US fell to three.3% yearly in Might; higher than anticipated

Inflation within the US fell to three.3% yearly in Might;  higher than anticipated

Washington. 12-month inflation in america fell greater than anticipated in Might, to three.3 % in comparison with 3.4 in April, a aid after the rebound initially of the 12 months, in response to the buyer worth index (CPI) revealed this Wednesday. Knowledge from the Division of Labor present that within the month-to-month comparability, in Might … Read more

Fed maintains rates of interest; foresees just one minimize this 12 months

Fed maintains rates of interest;  foresees just one minimize this 12 months

Washington. The US Federal Reserve (Fed, central financial institution) saved its charges at 5.25-5.50 p.c as anticipated this Wednesday, and its managers level to just one rate of interest minimize this 12 months. On the finish of its two-day assembly, the Financial Coverage Committee (FOMC) additionally revised upward its inflation forecast in america, each for … Read more

Weight breathes; appreciates at 18.67 per greenback

Weight breathes;  appreciates at 18.67 per greenback

Mexico Metropolis. After the important thing day of financial coverage in the US and with the nationwide context within the minds of traders, the Mexican peso takes a breather, amid a weak greenback. On the opening, the nationwide forex operated with an appreciation of 0.29 p.c, at 18.6769 models per greenback. Within the session in … Read more

Peso rebounds after US inflation knowledge

Peso rebounds after US inflation knowledge

Mexico Metropolis. The Mexican peso appreciated this Friday after three periods of losses, within the face of a world weakening of the greenback after an inflation report in america elevated bets that the Federal Reserve will reduce rates of interest in September. The home forex MXN= was buying and selling at 16.9420 per greenback, with … Read more

Peso recedes; monetary markets take a slight breather

Peso recedes;  monetary markets take a slight breather

Mexico Metropolis. Hopes for an upcoming rate of interest minimize by the Federal Reserve (Fed), no less than for September, which boosted monetary markets yesterday, stay, however this Thursday buyers are taking a break. On the opening of the American markets, the Mexican peso registered a correction this Thursday in opposition to the greenback, after … Read more

Peso advances, attentive to experiences from Fed officers

Peso advances, attentive to experiences from Fed officers

Mexico Metropolis. The Mexican peso appreciated this Friday for the third consecutive day, in a market with its eyes targeted on the participations of a number of officers of the Federal Reserve (Fed) through the day, searching for new clues about the way forward for rates of interest. curiosity. The forex MXN= was buying and … Read more

Peso remains stable and financial markets operate mixed

Peso remains stable and financial markets operate mixed

Mexico City. The truce in the publication of relevant macroeconomic data favors greater stability in the currency market. At the opening of the American markets, the Mexican peso remains stable, trading above 16.8672 units per dollar; At the close of Monday, the exchange rate closed at 16.8813 pesos per spot dollar. Meanwhile, the dollar remains … Read more

Peso is trading at 17.07 per dollar; financial markets, attentive to the Fed

Peso is trading at 17.07 per dollar;  financial markets, attentive to the Fed

Mexico City. As we wait for the Federal Reserve’s (Fed) two-day monetary policy meeting to conclude this Wednesday, financial markets are operating mixed. While the operation of the Mexican financial markets is on break for the Labor Day holiday, exchange rate operations in international markets operate between 17.0700 pesos per dollar, a recovery with respect … Read more

Fed maintains interest rate; “lack of progress” towards inflation goal

Fed maintains interest rate;  “lack of progress” towards inflation goal

Washington. The US Federal Reserve held interest rates steady on Wednesday and signaled that it remains leaning towards an eventual reduction in borrowing costs, but warned about recent disappointing inflation readings and suggested possible stagnation in the move towards higher balance in the economy. The Federal Reserve’s latest policy statement, issued at the end of … Read more

Weight is appreciated; financial markets operate stable

Weight is appreciated;  financial markets operate stable

Mexico City. After yesterday’s holiday in Mexico and the outcome of the meeting of the United States Federal Reserve (Fed), which left interest rates at 5.5 percent and delayed the cuts schedule, financial markets are trying to recover ground this Thursday. At the opening of American markets, the Mexican peso maintains optimism by maintaining its … Read more