2024-02-14 15:48:59
The inflation data from the United States reaffirms the expectation that the Federal Reserve will be cautious with interest rate cuts and that the first adjustment might occur in June, according to estimates by the director of Banco Base in Mexico, Gabriela Siller.
“It is worth remembering that employment, manufacturing and growth data in the United States have shown a strong economy, so the first cut in the interest rate might occur until June 12 and it is estimated that in total, in the year, the Fed will cut the interest rate by 50 basis points,” the expert estimates.
In the United States, inflation in January stood at an annual rate of 3.09%, below December, when it stood at 3.35%, but above what was expected (2.9%).
The Mexican peso was trading at 17.20 per dollar, with a depreciation of 0.82%
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