Tag: Interest Rate Hike

Mexico's central bank governor Victoria Rodriguez Ceja is still considering whether or not to implement an interest rate hike that is lower than last month's 50 basis point hike. The governor, who was attending the country’s annual banking convention, stated that "Banxico" will consider...

Omar Meija, the newly-appointed deputy governor of the Bank of Mexico, stated on Wednesday that the central bank could decide to slow down the rate of its interest rate increase. He claimed that one such action could enable the Mexican economy to grow this...

U.S. futures as well as the British pound declined as investors reflect on U.S. and U.K. interest rates and how they affect each country's economic outlooks going forward. S&P 500 futures fell 0.3% while those on the Nasdaq 100 declined by 0.4%. Futures on the...

Global stocks are on course for their first weekly loss of the new year as a rally inspired by China's economic reopening is extinguished by central banks' resilience to continue interest rate hikes. European Central Bank President Christine Lagarde confirmed at the World Economic...

U.S. equity futures edged lower while European stocks rose following the release of cooling inflation figures on Thursday. The lowering of inflationary pressures gives the Federal Reserve incentive to lower its interest rate hikes, with investors expecting a 25 basis point hike next month. S&P...

The World Bank reduced its 2023 growth forecasts on Tuesday to levels whereby numerous countries would find themselves nearing recession. Having forecast global growth at 3.0% in June 2022, the World Bank now expects 2023 global GDP growth to be around 1.7%; the slowest...