Federal Reserve Chairman Jerome Powell stressed that monetary policymakers have not yet decided on the size of the rate hike later this month, and said it hinges on upcoming jobs and inflation reports. On the second day of congressional testimony, Powell told the House Financial Services Committee on Wednesday, “We haven’t made any decisions regarding … Read more
Thus, the boxes will be able to issue Credit cards con interest rates between 25% and 35%, depending on the client’s risk, a cost lower than that charged by banks today for the same product, said Jorge Solís, president of the Peruvian Federation of Municipal Savings and Credit Banks (FEPCMAC). In this line, the specialist … Read more
fernanda murillo Mexico City / 07.03.2023 01:46:00 The main challenge that the country has for this 2023 is to control inflation, since at the moment its growth generated that the Bank of Mexico (Banxico) will raise the reference interest rates and with this will eventually impact the demand for mortgage credit, he considers Philip GarciaCEO … Read more
The inflation target is ambitious Fed officials said they are keeping a close eye on key economic indicators, but investors should expect the numbers to remain mixed even with lower inflation, according to Chris Harvey, head of equity strategy at Wells Fargo. “We’re in a good position that the economy hasn’t cracked,” he said on … Read more
Inflation data for the 20-country eurozone is expected to be announced tomorrow, Thursday, and economists expect inflation to slow to 8.3% from 8.6%, while core inflation, which has been of interest to European Central officials recently and excludes volatile energy and food costs, is likely to remain at a record level. It is 5.3%. When … Read more
Main economy Tuesday, February 28, 2023 – 2:18 pm Sanaa Mustafa Morgan Stanley announced the disappearance of expectations for the Federal Reserve to cut interest rates this year, Stanley attributed this to a group of economic data announced in recent weeks. The American Investment Bank also expects that the first US rate cut will take … Read more
Oil capped its longest streak of daily losses this year as hawkish signals from Federal Reserve officials heightened fears of an excess of crude piling up in storage. Oil prices were negatively affected this week due to the large increase in US crude stockpiles and the general risk aversion that resulted from the possibility of … Read more
Both the Czech koruna and bitcoin are rising to highs against the dollar. Because of yesterday’s cardinal mistake of the head of the American central bank. During trading yesterday evening CET, the Czech koruna strengthened against the dollar to the level it last reached before Russia’s invasion of Ukraine last February. It strengthened up to … Read more
Dr. Mostafa Badra, Professor of Finance and Investment – Decision of the Central Bank of Egypt Central banks around the world are meeting this week to decide interest rates She has and comes to the fore US Fed meeting On Wednesday, February 1, the banks of the Gulf countries will follow it Egyptian Central European … Read more
The Japanese yen fell on Wednesday after the Bank of Japan kept interest rates very low, disappointing some investors who had hoped the bank would adopt more policy adjustments.The Bank of Japan surprised the market last month by raising its yield cap on 10-year bonds to 0.5% from 0.25%, doubling the range it allows above … Read more