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Latam Insights Encore: Bukele Impulsa la Controvertida Sustitución de la Política de Productos Nacionales para Combatir la Inflación, Ofrece Café Gratis Encima

Bienvenidos a Latam Insights Encore, una profunda mirada a las noticias más relevantes de América Latina sobre economía y criptomonedas…

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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations

The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three…

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Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut…

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Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact

In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St…

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Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about…

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Argentina Records First Week of Zero Inflation in 30 Years; Milei Claims He’s Redefining Economic Theory

Argentina is reaping its first rewards in the fight against inflation, as a private consulting firm found that the inflation in food and beverages reached 0% during June’s third week.…

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Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year

Former Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open Market Committee (FOMC) discussions and stabilizing inflation trends.…

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Utah Senator Seeks to Abolish Federal Reserve

Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends that the U.S. Federal Reserve has “repeatedly failed”…

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