The Federal Reserve recently maintained its interest rates, marking the fourth consecutive meeting without change. This decision signals a shift towards potential future rate reductions. During their two-day gathering, Fed officials shifted their stance from considering rate hikes to a more balanced perspective on future monetary policy. This change is significant as it suggests a […]
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Bolivia has achieved the lowest inflation rate among South American countries in the first semester, according to Marcelo Montenegro, the Minister of Economy and Public Finance. The country’s inflation stands at 0.79 percent, the lowest in the region compared to Ecuador’s 0.9 percent and other countries experiencing higher inflation rates. Montenegro emphasized that this controlled […]
Lula Pushes for Closer Mercosur-Vietnam Ties
Brazil’s President Luís Inácio Lula da Silva met with Vietnam’s Prime Minister, Pham Minh Chinh. They discussed a potential trade deal with Mercosur. Lula plans to leverage Brazil’s current leadership in Mercosur for this venture. He believes this will bring the two regions closer. Next, Brazil’s Foreign Minister, Mauro Vieira, will visit Indonesia. The aim […]
Wall Street Bounces Back, S&P 500 Sets New Record
On Wednesday, March 27, Wall Street saw a rebound, with the S&P 500 reaching a new all-time high. The day started positively across New York stock exchanges, though the Nasdaq saw fluctuations due to pressures on tech and communication firms. The late surge confirmed a recovery, with the S&P 500 marking a historic close. Sectors […]