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Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates ... tariffs of 25% on Mexico and Canada and 10% on China, and Mexico has pledged to retaliate ...
(Bloomberg) -- Mexico’s central bank is projected to cut its key interest rate by a quarter point for a fifth straight decision, as stagnant growth prompts officials to lower the highest ...
Exclusive-Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says. ... the benchmark rate ending 2025 between 8% and 8.5% is "reasonable," Heath said, but warned ...
In its latest World Economic Outlook, the IMF projected global growth of 3.3% in both 2025 and 2026, and said global headline inflation was set to drop to 4.2% in 2025 and 3.5% in 2026, allowing a ...
The Fed cut its benchmark short-term interest rate, the federal funds rate, by a full point in 2024 and the average credit card rate has only dropped from 20.74 percent at the start of 2024 to 20. ...
Officials see the unemployment rate ticking up slightly to 4.3% in 2025, lower than the previous forecast of 4.4%. Unemployment is expected to remain at that level through 2026 and 2027.
By a 4-1 decision, the Bank of Mexico's five-member board voted to lower its key lending rate by 25 basis points to 8.0%, the first cut since June 2014, after the economy grew 0.1 percent in the ...
"The U.S. economy experienced a huge second wave of inflation back in the late 1970s after the Fed brought interest rates way down," said Gayed. Inflation had dropped from 11% to 4% before surging ...