December Inflation Data: A Mixed Bag for the Economy The latest inflation data for December has brought both relief and caution to the U.S. economy. Month-on-month inflation rose by 0.4 percent, aligning with analysts’ expectations. However, the real story lies in core inflation, which excludes the volatile costs of food and energy. Core inflation grew … Read more
Peru’s Mutual Funds See Record Growth Amid Economic Recovery Peru’s mutual funds market is experiencing a remarkable resurgence, wiht a record-breaking influx of 70,000 new participants in the last 12 months, according to data from the Superintendence of the Securities Market (SMV). This surge marks a meaningful recovery from the downturn following the election of … Read more
Peru’s Central Reserve Bank Cuts Interest Rate to 4.75% in Surprise Move In a pivotal decision during its first meeting of 2025, the Central Reserve Bank of Peru (BCRP) announced a reduction in its benchmark interest rate by 25 basis points, bringing it down to 4.75%. This move aligns with projections from foreign banks but … Read more
US Dollar Strengthens to Close Out 2024: Fed Policy and Economic Outlook Drive Gains The US dollar concluded 2024 on a high note, strengthening against major currencies like the euro and the yen. This surge is largely attributed to market expectations regarding the Federal Reserve’s (Fed) monetary policy and the overall positive outlook for the … Read more
Soaring Loan Delinquency Rates Hit Self-Employed Americans Table of Contents Soaring Loan Delinquency Rates Hit Self-Employed Americans Potential Solutions and Future Outlook South Korean Central Bank Cautions Against Interest Rate Cuts Amidst Real Estate Concerns The Risk of Real Estate Bubbles Concerns Beyond Real Estate Striking a delicate Balance The economic slowdown gripping the nation … Read more
Fed cuts Interest Rates Amidst Projected Inflation Rise Table of Contents Fed cuts Interest Rates Amidst Projected Inflation Rise Revised Economic Projections: Inflation Takes Center Stage Fed’s Cautious Approach to Interest Rates Sends Dollar Soaring Fed’s Rate Decision Sends Dollar Soaring; Inflation Concerns Remain Fed’s Cautious Approach to Interest Rates and its Global Impact The … Read more
Accessing Indonesian Business News: A Guide for U.S. Readers For U.S. readers interested in Indonesian business and economics, accessing reliable and in-depth information can be challenging. However, a digital resource mirroring the print edition of the Indonesian Business Daily offers a solution. The Bisnis Indonesia e-Paper provides a convenient digital replica of the print newspaper, … Read more
Gold futures surged on Friday, December 6th, buoyed by a U.S. jobs report that signaled a gradual cooling of the labor market. This growth is expected to encourage the Federal Reserve to further reduce interest rates. The COMEX gold contract for February delivery climbed $11.20, or 0.42%, to settle at $2,659.60 per ounce. While U.S. … Read more
The Central Reserve Bank of Peru reduced the reference interest rate to 5 percent this Thursday, matching analysts’ expectations of a quarter of a percentage point (0.25 points). Peru has one of the lowest benchmark interest rates in Latin America, and the central bank said in a statement that future rate changes will depend on … Read more
01:42 PM Sunday, November 17, 2024 Manal Al-Masry wrote:Bankers expected the central bank to keep interest rates unchanged for the fifth time in a row at its meeting next Thursday, after rising inflationary pressures, upward mobility, and uncertainty over geopolitical tensions in the region and their effects on global commodity prices. Next Thursday, the Central … Read more