Fynsa
The political landscape and continuity in the leadership of the Central Bank are bolstering market confidence and strengthening the country's economic outlook.
Kevin Warsh joins the Federal Reserve with Trump’s backing and expectations of lower interest rates. The problem is that monetary policy doesn’t work by decree, and the current environment isn’t on his side.
This week, at the April Monetary Policy Meeting, the Central Bank’s Board agreed to keep the monetary policy rate at 4.5% once again. The decision was adopted unanimously by its members, but we feel that something has changed…
It is not entirely clear which variables or trends will be taken into account when deciding whether to change or maintain the current course of monetary policy. In this brief article, I will attempt to outline what I believe will be included in the dashboard that the Central Bank’s Board will be reviewing when it meets.
If approved by the Senate, Kevin Warsh will face a complex scenario characterized by high levels of debt, profound technological transformations, and fiscal tensions.
After roughly five years, inflation has fallen back below 3%. The current situation is not necessarily permanent, and both monetary and fiscal policy require constant work to meet their objectives.
Between the closing of the June IPoM statistics and its publication, relevant geopolitical events occurred that could alter part of its assumptions. Market reaction and global uncertainty seem to reinforce an already complex context. Even so, the report remains valid.
The entity, with its MSSI tool, unveils possible changes in LATAM interest rates based on the analysis of central banks' language.
The fact that the risks have not materialized does not mean that they may not do so, but at a later date. External pressures and the weakness of the peso could reactivate inflation in 2025.
The Federal Reserve's monetary policy is driving winds of change in the U.S. multifamily market, offering new opportunities and challenges for investors and developers, although not without inherent risks.
