With the objective to contain inflation, the United States Federal Reserve raised interest rates by 0.5 points, leaving them between 0.75% and 1%. It is the second increase this year, they had already raised rates 25 basis points in March,...Read More
Wall Street stocks sank on Thursday morning, reversing gains from the previous session as markets reassessed the Federal Reserve’s moves to tighten monetary policy in response to inflation. The Dow Jones Industrial Average was down 2.4%, the broad-based S&P 500...Read More
Nothing has emphasized more the fragility of the global economy more than the pandemic. And while inflation has been the top subject in many of the reporting, we need to pay attention to the fact that the US relies heavily...Read More
Nothing has emphasized more the fragility of the global economy more than the pandemic. And while inflation has been the top subject in many of the reporting, we need to pay attention to the fact that the US relies heavily...Read More
Puerto Rico’s General Fund net revenue was reported as a total of $906 million for the month of February 2022. Compared to February 2021, this was a $191 million increase, or 26.8%. Compared to the central government’s fiscal plan projections,...Read More