Latin News

China stimulates 
02
Oct
By Ramón Jiménez
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Latin News

China stimulates 

Foto Yahoo By Isaac Cohen*               The Chinese economy has been exhibiting deflationary pressures. at least since the contraction in the real estate sector which started in 2021, together with a consequent increase in household savings. In August, the consumer price index increased by a meager 0.6 percent, from a year…
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New Report Unveils Progress and Persistent Disparities in U.S. Household Wealth Post-Pandemic
27
Sep
By Santiago D. Távara
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Actualidad, Latin News

New Report Unveils Progress and Persistent Disparities in U.S. Household Wealth Post-Pandemic

Washington, D.C. – The Aspen Institute Financial Security Program (Aspen FSP) has released a new report, The New Wealth Agenda Progress Report, highlighting both progress and ongoing disparities in U.S. household wealth since the pandemic. The report emphasizes that while recent policy responses and economic conditions have driven significant gains, substantial disparities persist,…
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Recalibrating 
24
Sep
By Ramón Jiménez
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Latin News

Recalibrating 

Photo: UPI.com By Isaac Cohen* US central bank Chairman Jerome Powell described last week’s rebate in the federal funds interest rate, by more than expected, as “an appropriate recalibration” of the monetary policy stance, to maintain the “strength in the labor market.” With inflation approaching the central bank target of…
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Oil prices          
17
Sep
By Ramón Jiménez
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Latin News

Oil prices          

Photo natoassociation.ca By Isaac Cohen* A fall in oil prices is contributing to decrease inflation, adding justification to the expected rebate this week in interest rates by the US central bank. Last week, West Texas Intermediate oil prices fell below $70 per barrel, a 15 percent decrease since last July.…
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Rebate foretold                                 
10
Sep
By Ramón Jiménez
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Latin News

Rebate foretold                                 

Photo: poider.com By Isaac Cohen*            Recent revisions of previously released employment figures, by the US Labor Department, support the prediction that the central bank will start lowering interest rates at its next meeting, in Washington on September 18.            August employment figures, at 142,000 new jobs, also revealed a slowdown, from…
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