Reserva Federal

President holds ‘cordial’ talks with cental bank chair after months of attacks

Jay Powell announces action after last month’s turbulence in overnight ‘repo’ markets

Traders’ worries stoke government bond rally as market jitters persist

Central bank has injected billions of dollars into financial system for first time since 2008

The nation’s economy is slowing and warning signs are growing, but a downturn isn’t inevitable yet.

Cuando en el mercado se pagan más intereses por la deuda a corto plazo que a largo plazo, los nervios se desatan

China mounted a counteroffensive Monday to new U.S. tariffs by allowing its tightly controlled currency to slide to an 11-year low, a move that could further provoke the ire of President Trump, who believes that Beijing unfairly suppresses the value of the renminbi to bolster Chinese exporters at the expense of the United States.

Pese a la reacción de ayer, una disminución de la tasa en EEUU haría que el dólar tienda a bajar a nivel global. También le da espacio al BC en Chile a continuar con sus recortes.

Federal Reserve Chairman Jerome Powell probably will kick off his post-meeting press conference on Wednesday the same way he’s begun every one this year. The Fed, he’ll tell reporters, has “one over-arching goal: to sustain the economic expansion.’’