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Fed Chief Powell Signals Cautious Approach to Rate Cuts

Washington D.C., Thursday, 14 November 2024.
Federal Reserve Chair Jerome Powell indicates a slow, deliberate approach to interest rate reductions in 2025. Despite inflation nearing the 2% target, persistent pressures and economic strength allow for careful monitoring. Economists anticipate fewer cuts than initially expected, highlighting the delicate balance in managing inflation and economic growth.

Mexico Weighs Retaliatory Tariffs as Trade Tensions with US Escalate

Mexico City, Wednesday, 13 November 2024.
Mexico’s Economy Minister signals potential tariff retaliation if the US imposes steep import taxes. This move could spark a trade war, impacting North American economies and disrupting established supply chains, particularly in the automotive sector.

Wall Street Bonuses Set to Soar: Debt Underwriters Lead the Pack

New York, Tuesday, 12 November 2024.
Wall Street anticipates its first industrywide bonus increase since 2021, with debt underwriters expected to receive up to 35% more. This surge reflects a robust year in financial markets, particularly in debt issuance and stock underwriting, signaling renewed confidence in the sector.