Inflation
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News
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest…
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Mexico
IMF reduces Mexico’s growth forecast for 2024 and 2025
The International Monetary Fund (IMF) on Tuesday lowered its 2024 economic growth forecast for Mexico to 1.5% while projecting even…
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News
US filings for jobless benefits jump to 258,000, the most in more than a year
The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a…
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Mexico
Drop in food prices pushes Mexico’s inflation to lowest in 3 months
Inflation is at its lowest point since May, according to data recently released by INEGI, Mexico’s national statistics institute. In…
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Germany
Iconic Berlin music institution to permanently close after 22 years
The iconic Berlin club Watergate will shut its doors at the end of 2024, with the team citing “enormous financial…
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News
US retail sales ticked up last month in sign of ongoing consumer resilience
WASHINGTON — Americans spent a bit more at retailers last month, providing a small boost to the economy just seven…
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Mexico
What’s next for the peso? A perspective from our CEO
I have seen a lot of movements in the Mexican peso exchange rate over the years, starting with the peso…
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News
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
WASHINGTON — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for…
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Germany
German inflation rate dips to lowest level in more than three years
The news raises hopes for another rate cut from the European Central Bank, with the policy committee set to meet…
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Germany
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany…
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