The Day at a Glance | March 22 2024

*In Mexico, the general inflation rate for the first half of March stood at 4.48%, in line with our forecast of 4.47%. *The Global Economic Activity Indicator (IGAE) registered a downside in January. *U.S. Secretary of State Antony Blinken met with Israeli Prime Minister Benjamin Netanyahu to hold discussions aimed at ensuring further aid flows

[ Read More ]

El Día en Minutos | 22 de marzo de 2024

*En México, la inflación general de la primera quincena de marzo se ubicó en 4.48%, en línea con nuestro pronóstico de 4.47%. *El Indicador Global de Actividad Económica (IGAE) sorprendió a la baja en enero. *El secretario de Estado de EE.UU., Antony Blinken, se reunió con el primer ministro israelí, Benjamin Netanyahu, para mantener conversaciones

[ Read More ]

The Day at a Glance | March 21 2024

*In January, retail sales in Mexico recorded a surprising -0.8% annual decline.  *Eurozone PMI´s show that the block´s economy is approaching stabilization in March.  *Yesterday afternoon, the Federal Reserve announced its monetary policy statement, in which they kept the federal funds rate range between 5.25% and 5.50% and left the federal funds rate expectation at

[ Read More ]

El Día en Minutos | 21 de marzo de 2024

*En enero, las ventas al menudeo en México registraron una sorpresiva caída anual de -0.8% sobre la serie original. *Los PMIs de la eurozona muestran que la economía se aproxima a la estabilización en marzo. *El día de ayer por la tarde, la Reserva Federal dio a conocer su anuncio de política monetaria, en el

[ Read More ]

The Day at a Glance | March 20 2024

*The Timely Economic Activity Indicator (IOAE for its acronym in Spanish) estimates that, in January and February of 2024, the Mexican economy grew by 2.2% and 2.4%, respectively. *This afternoon, the Federal Open Market Committee (FOMC) will announce its monetary policy decision. No cut in the federal funds rate range is expected. *Yesterday, the Central

[ Read More ]

El Día en Minutos | 20 de marzo de 2024

*El Indicador Oportuno de Actividad Económica (IOAE) estima que en enero y febrero de 2024 la economía mexicana creció 2.2% y 2.4%, respectivamente. *Por la tarde el Comité Federal de Mercado Abierto (FOMC) dará a conocer su decisión de política monetaria. No se anticipa un recorte en el rango de la tasa de fondos federales.

[ Read More ]

The Day at a Glance | March 19 2024

The Top *In China, there were positive data for the cumulative period of January and February. *In Mexico, aggregate demand grew by 4.0% in 2023. *The Bank of Japan increased its interest rate to a range between zero and 0.1% and also ended its control of the interest rate curve. *President Joe Biden traveled to

[ Read More ]

El Día en Minutos | 19 de marzo de 2024

El Top *En China, se registraron datos con sesgo positivo en el acumulado de enero y febrero. *En México, la demanda agregada creció en 4.0% en 2023. *El Banco de Japón incrementó su tasa de interés a un rango entre cero y 0.1% además, terminó su control de la curva de tasas de interés.  *El

[ Read More ]

The Day at a Glance | March 15 2024

*In Mexico, the Timely Indicator of Private Consumption (IOPC) estimates that in January and February, consumption will grow by 4.3% y/y and 4.7% y/y, respectively. *In the United States, industrial production grew in February when stagnation was expected. *The Bank of Japan could end its negative interest rate policy as soon as March. Wage reviews

[ Read More ]