The Mexican peso opened the day on Wednesday, January 29, hitting the dollar strongprior to the decision of the Federal Reserve (FED) of the United States. Today’s price is 20.50 pesos per dollar (Mexico City, 05:57 hours), which means an appreciation of 0.22% of the national currencyin relation to the closing of yesterday Tuesday. Dollar … Read more
Represented by the Bank Policy Institute (BPI), the American banking sector announced on Tuesday that it was taking legal action against the Federal Reserve (Fed) of the United States, denouncing the annual stress tests as “opaque” and detrimental to economic growth. These tests, established by the Dodd-Frank law after the 2008 financial crisis, are accused … Read more
In the United States, the American Federal Reserve (Fed) lowered its key rates by 25 basis points for the third consecutive time, placing them between 4.25% and 4.50%. This decision, expected by the markets, sparked dissension within the Monetary Policy Committee (FOMC) and questions among analysts. FOMC member Beth Hammack voted against this new cut, … Read more
Scott Bessent, 62, was designated Friday by Donald Trump as future Secretary of the Treasury of the United States. This seasoned financier, founder of the Key Square Capital Management investment fund, quickly revealed the broad outlines of his economic program, focused on deregulation and tax reforms. Four days after the presidential election, he published an … Read more