Federal Reserve

The dollar is rising in anticipation of Trump’s policies and the decisions of the Federal Reserve

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The dollar is rising in anticipation of Trump’s policies and the decisions of the Federal Reserve

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" After being stable over three sessions, he returned Dollar The increase as investors lifted the dollar index against its main rivals to approach the highest level in a year at 107.07 recorded last week. The dollar has risen more than two percent since the US presidential elections on November 5, … Read more

After the announcement of the reduction to 10.5 percent, the peso and the stock market have a winning day

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After the announcement of the reduction to 10.5 percent, the peso and the stock market have a winning day

The peso recovered ground against the dollar, after this Thursday the Bank of Mexico reduced the interest rate by a quarter of a point, half of the cut made last week by the US central bank. At the close of the session in the interbank (wholesale) market, the Mexican currency registered an appreciation of 0.09 … Read more

Fed inaugurates rate reduction cycle; stock markets celebrate with highs

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Fed inaugurates rate reduction cycle; stock markets celebrate with highs

Mexico City, After the United States Federal Reserve (Fed) inaugurated the cycle of lowering interest rates with a cut of 0.50 percentage points, the global stock markets, mainly the US ones with maximum levels, applauded that the US central bank will be capable of a “soft landing” for the world’s largest economy, moreover, will boost … Read more

Federal Reserve: Fed to make first interest rate cut since outbreak of corona pandemic

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Federal Reserve: Fed to make first interest rate cut since outbreak of corona pandemic

The US Federal Reserve is about to make its first interest rate cut in more than four years. Analysts expect the Fed to lower the key interest rate by 0.25 percentage points or even 0.5 percentage points. It is still in a range of 5.25 to 5.5 percent – the highest level in more than … Read more

Rough times for monetary authorities – Economy

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Rough times for monetary authorities – Economy

Promises live on, even if they are not kept. The European Central Bank (ECB) promises the 350 million people in the monetary union that their euro will be worth as much tomorrow as it is today. This is written immutably on its website, as if the past three years had never happened. During this period, … Read more

US 30-year mortgage rate falls to lowest level in more than a year

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US 30-year mortgage rate falls to lowest level in more than a year

The interest rate on the most popular U.S. mortgage fell to a 16-month low after Federal Reserve Chairman Jerome Powell signaled last week that the central bank is willing to cut borrowing costs next month to prevent the labor market from weakening further. The average interest rate on 30-year fixed-rate mortgages fell 6 basis points … Read more

Fed officials suggest initiating rate cuts “soon”

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Fed officials suggest initiating rate cuts “soon”

Jackson Hole. Ahead of a meeting of bankers in Jackson Hole, Wyoming, Federal Reserve policymakers said Thursday that with inflation well below its peak, they are paying close attention to the U.S. labor market in gauging when to start cutting interest rates, with one saying they should act “soon.” “I think it’s appropriate to start … Read more

US mortgage interest rates fall on weak jobs data

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US mortgage interest rates fall on weak jobs data

Interest rates on popular U.S. mortgages fell to a 15-month low last week after the Federal Reserve signaled it could begin cutting its policy rate in September and a shift to the downside in the labor market reinforced financial market bets that borrowing cost cuts would be significant. The Mortgage Bankers Association reported Wednesday that … Read more