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    May 8, 2025

    US | Fed likely to hold rates steady in June as it awaits clearer signals from data

    Recent softness in sentiment is not enough to shift policy as solid demand and stable jobs data support a continued pause. Attention now turns to assess whether this cautious pause could extend deeper into the second half of the year.

    May 5, 2025

    US | Fed to stay put as it waits for tariff effects to show up in 2Q data

    Amid mixed economic data and the delayed effects of recently imposed tariffs, we expect the Fed to keep the policy rate unchanged this week at its 4.25-4.50% target range; it will likely signal it has room to maintain its policy stance heading into the June meeting.

    May 5, 2025

    Global | Commodities: volatility and conflicting trends

    Commodity markets, like other financial markets, have been unusually volatile in the last month, largely due to the trade policy announcements by the new United States administration.

    May 4, 2025

    Mexico | US tariff adjustments: less trade protectionism with Mexico

    On April 29, President Trump signed an executive order and a proclamation that modified the current tariffs related to security, immigration, the automotive industry, steel, and aluminum. These changes eliminate tariff stacking and provide rebates for the automotive sector.

    April 25, 2025

    Global | Financial Regulation: Weekly Update. April 25, 2025

    In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

    April 24, 2025

    US | Policy uncertainty and rising term premia are keeping Treasury yields elevated

    While Trump recently suggested he would not try to remove Powell from his position following last week’s intensified criticism, such threats to institutions underpinning the dollar’s global dominance pose a serious risk to the future of the global financial system.

    April 23, 2025

    Global | Geopolitical decoupling and renewable energy

    In this global scenario where very little is certain, the transition to a decarbonized economy is also being called into question. The US decoupling in climate policies and the promotion of renewable energy seems clear.

    April 22, 2025

    Mexico | Mexico's tariff puzzle: trickier than it seems

    The "Plan Mexico" is emerging as a key initiative to mitigate the tariff shock and reposition the country as an attractive destination for investment. Mexico holds a relatively favorable position among the five largest exporters to the United States, which could revitalize Foreign Direct Investment (FDI) inflows.

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