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Chile Steps Up Monetary Relief with Major Rate Drop
Chile’s Central Bank has significantly lowered its key interest rate by a full point, quickening monetary easing efforts for another round. Economists see this as a step towards achieving inflation targets soon. Rosanna Costa and her team cut the rate to 7.25% recently, aligning with 17 out of 21 Bloomberg analysts’ predictions. A few expected […]
Split Opinion in Brazil on Bolsonaro’s Ineligibility
A survey by Instituto Paraná, requested by the Liberal Party (PL), shows 48.4% of Brazilians disagree with the TSE’s ruling to disqualify Jair Bolsonaro for eight years. The poll reveals a nation divided, with 44.7% supporting the decision and 6.9% undecided. individuals show varied reactions; 55.7% of men oppose, whereas 50.2% of women agree with […]
Moody’s Flags U.S. Economic Risks with Rating Downgrade
On October 10, Moody’s revised the U.S. AAA credit rating outlook, changing it from stable to negative. This decision reflects concerns about growing fiscal risks. These risks might overpower the U.S.’s strong credit profile. Moody’s explained that the U.S. is facing a high fiscal deficit. This deficit remains without major plans to lower it. The […]