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MercoPress, en Español

Montevideo, April 19th 2024 - 17:01 UTC

Tag: financial market

  • Friday, March 29th 2019 - 09:18 UTC

    New round of trade talks in Beijing. China offers greater access to its financial market

    Mnuchin and US Trade Representative Robert Lighthizer were in Beijing for the first face-to-face meetings between the two sides in weeks

    United States Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world's two largest economies.

  • Wednesday, February 13th 2019 - 09:41 UTC

    Stable low inflation and expansion forecasted by Brazilian financial market

    The figures reaffirm the market's expectation that the Central bank will keep the benchmark interest rate at its current annual level of 6.5%, the lowest in history

    Brazil's financial market has cut its forecast of the country's inflation rate from 3.94 to 3.87 percent for 2019 and kept the rate at 4% for 2020, the Central Bank of Brazil reported. According to the Focus survey conducted by the bank among Brazil's main financial institutions, the forecasts are within the official target of 4.25 percent, with a tolerance margin between 2.75 percent and 5.75 percent.

  • Thursday, December 13th 2018 - 08:49 UTC

    US consumer prices in November unchanged, with sharp decline for gasoline

    November’s flat reading in the CPI, the weakest in eight months, followed a 0.3% increase in October. In the 12 months through November, the CPI rose 2.2%

    The United States consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs. The strength in underlying inflation reported by the Labor Department on Wednesday supports views that the Federal Reserve will raise interest rates at its Dec. 18-19 policy meeting. The U.S. central bank has hiked rates three times this year.

  • Friday, May 18th 2018 - 08:48 UTC

    Brazilian government anticipates lower economic growth for 2018

    President Temer's Chief of Staff Eliseu Padilha said in a teleconference that “if the analysis were done today, we would have a tendency closer to 2.5%.”

    The Brazilian government on Thursday admitted for the first time this year that economic growth in 2018 will be below the original target of 3% projected in January. The downgrade followed the release of economic indicators showing a slower than expected recovery.