6.85%, annual inflation in Mexico in MarchCredits: Darkroom The signs that the United States Federal Reserve (Fed) pause rate hikes mexican coinonly in their operations wholesale rose 0.26% and was quoted at 17.9251 units per dollarits best level since September 25, 2017, according to figures from the Bank of Mexico (Banxico). In addition, he added […]
Tag: fed
Silicon Valley Bank did a ‘horrible’ job, Fed says
On March 10, the bankruptcy of Silicon Valley Bank was announced.Credits: REUTERS WASHINGTON. The maximum regulator of UNITED STATESthere fedhe told a panel of Senate that he Bank of Silicon Valley (BLS) did a “horrible” job of risk management before its collapse, fending off criticism from lawmakers who blamed watchdogs for ignoring warnings. At the […]
US Fed raises interest rates
It is close to stopping the rise in the cost of borrowing.Credit: AP WASHINGTON. There Federal Reserve (fed) of UNITED STATES lifted the interest rate by a quarter of a percentage point (25 basis points), but signaled that it was poised to halt further increases in borrowing costs amid recent turmoil in financial markets following […]