The peso continues to strengthen against the dollarCredits: Special The decision of United States Federal Reserve (Fed) halting the rise in its benchmark rate boosted the national currency against the dollar, taking it to levels not seen in nearly eight years. The peso recorded an appreciation of 0.49% when trading 17.1227 units per dollarin its […]
Tag: Federal Reserve
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 […]
Three US financial crisis experts win Nobel Prize in economics
The winners are the former chairman of the Federal Reserve and two academics.Credits: @NobelPrize This Monday, October 10, three americans they won the Nobel Prize economy thanks to your contributions to explain the role of banks in the economyin particular the importance of avoiding collapses during financial crises. His analyzes were of great practical importance […]