Economy

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The Fed’s Move to Retain Interest Rate Levels: Key Insights

La Reserva Federal comunicó su resolución de conservar la tasa de fondos federales dentro del rango objetivo del 4.25% al 4.50%. Esta determinación se produce en medio de continuas evaluaciones de indicadores económicos y factores externos que afectan la economía de EE. UU.Condiciones del Mercado Laboral e Indicadores EconómicosLos datos recientes muestran que la actividad económica en Estados Unidos ha seguido expandiéndose a un ritmo firme. La tasa de desempleo se ha mantenido estable en un nivel bajo durante los últimos meses, reflejando condiciones sólidas en el mercado laboral. Sin embargo, la inflación sigue siendo algo alta, lo que plantea…
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US home sales in 2024 saw historic lows

En 2024, el mercado inmobiliario de Estados Unidos vivió una notable caída, con las ventas de viviendas existentes desplomándose a cifras no vistas desde 1995. La Asociación Nacional de Agentes Inmobiliarios informó que solo se vendieron 4.06 millones de viviendas durante el año, marcando una disminución del 0.7% respecto a 2023. Esta bajada resalta las dificultades que enfrentan tanto compradores como vendedores en la economía actual.Elementos que Contribuyen a la CaídaFactors Contributing to the DeclineAltas Tasas Hipotecarias: A lo largo de 2024, la tasa promedio para una hipoteca fija a 30 años osciló entre el 6% y el 8%, haciendo…
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Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

President-elect Donald Trump ramped up his rhetoric on trade on Friday, warning the European Union that it must significantly reduce its trade deficit with the United States by buying more American oil and gas or face tariffs. “I told the European Union that it must make up for its huge deficit with the United States by buying our oil and gas on a large scale. Otherwise, it will just be tariffs,” Trump posted on his Truth Social platform shortly after 1 pm ET. The trade deficit between the United States and the EU in goods and services amounted to 131.3…
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Trump plans to ring the opening bell on the NYSE as markets react to his election victory

Trump plans to ring the opening bell on the NYSE as markets react to his election victory

President-elect Donald Trump prepares to ring the opening bell of the New York Stock Exchange (NYSE), marking the ceremonial start of the trading day. This symbolic event comes at a crucial time as markets weigh the implications of his 2024 election victory, according to people familiar with the matter. The event is expected to be a significant moment for Trump, a native New Yorker who spent much of his life in Manhattan before moving to Florida. His return to the city for this occasion underlines his connection to the financial world and his enduring association with Wall Street. Historically, the…
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US inflation rises as markets react to economic data

US inflation rises as markets react to economic data

Related media - News 24 hours On October 3, 2024, the Federal Reserve building in Washington was the backdrop for the latest developments in US economic indicators. This report is part of CNBC's Daily Open, designed to inform investors around the world about major market updates. To stay informed you can sign up for the newsletter. Highlights American inflation trend upwardsIn October, the overall inflation rate in the United States reached 2.6%, in line with market expectations. Core inflation, which excludes food and energy price volatility, remained stable at 3.3%. This overall figure exceeds the Federal Reserve's target, potentially complicating…
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The Fed’s interest rate outlook could change with Trump’s tariff plans

The Fed’s interest rate outlook could change with Trump’s tariff plans

Related media - News 24 hours Former Federal Reserve policymaker Loretta Mester has indicated that the US Federal Reserve may implement fewer interest rate cuts than previously expected next year, particularly if President-elect Donald Trump's proposed global tariffs are implemented. Speaking at UBS's annual European conference in London, Mester stressed that the Fed's monetary policy will be significantly influenced by the fiscal strategies of a future Republican administration. Mester noted that the market's revised expectations for interest rate cuts may actually be correct, suggesting that the number of cuts may be fewer than the four previously expected. “Next year, the…
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Commerzbank and UniCredit: a look at the current banking landscape

Commerzbank and UniCredit: a look at the current banking landscape

Related media - Latest news The Commerzbank logo is prominently displayed at a branch near the iconic Commerzbank Tower in Frankfurt, Germany. As the dust settles two months after UniCredit's initial overtures to German lender Commerzbank, the banking sector's resilience is being tested in one of Europe's most significant potential mergers. Recent third-quarter earnings reports from both institutions reveal contrasting financial trajectories and strategic outlooks. UniCredit announced an 8% increase in its net profit, reaching 2.5 billion euros ($2.25 billion), beating analysts' expectations of 2.27 billion euros. This strong performance has prompted the Italian bank to revise upward its full-year…
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