The global economy and finance have experienced significant movements in recent days. Here’s a summary of the most relevant events:
- In the U.S, August inflation was in line with expectations and reached its lowest level since February 2021.
- Monetary easing in Europe, with no clarity on the next move. The ECB cut its benchmark interest rate by 25 base points for the second time, placing it at 3.5%.
- In China, mixed economic figures, highlighting the dynamism of international trade.
- Downward revision of economic growth in Japan due to lower corporate investment and private consumption.
- Approval of the judicial reform in the Senate. This reform makes Mexico the first country to elect all its judges by popular vote.
Important Events in the Coming Weeks
- In the United States, retail sales will be released on 09/17.
- The Fed’s monetary policy announcement will be on 09/18.
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