Displaying items by tag: interest rates

The consumer price index (CPI) in the United States rose to 3.2% in february at a year-on-year rate, while compared to the previous month it increased by 0.4%, higher than analysts' expectations and below the 2% target set by the Federal Reserve (Fed).

Published in Economy
Monday, 02 October 2023 01:41

Aspects to consider before buying a car

Before buying a car, there are several important aspects to consider in order to make an informed decision. Here is a list of things you should know before buying a car:

Published in Finances
Tuesday, 21 March 2023 15:45

As interest rates rise, housing costs soar

According to the International Monetary Fund (IMF), these price changes highlight that housing markets are adjusting to rising interest rates imposed by central banks in an attempt to contain inflation. Interest rates on housing loans had been on a downward trend, but with the recent interest rate hikes, an upward trend is expected.

Published in Breaking News

According to Bloomberg Linea magazine, explains that oil is headed for another week of losses as the world's central banks raise their interest rates to quell inflation. If this is indeed the case, it would be the longest weekly losing streak of the year.

Published in Economy

Yesterday the Federal Reserve of the United States (FED), raised interest rates again by 0.75% in its fight against the clock to curb historic levels of inflation.

Published in Finances

The U.S. Federal Reserve (FED) will continue to increase interest rates in the coming months in order to address inflation and this could have consequences in the dollarized salvadoran economy, which depends on the flow of remittances.

Published in Economy

The Banco de Desarrollo de El Salvador (BANDESAL), is managing lines of credit for agriculture with the objective of offering financing to increase productivity and employment generation in the sector.

Published in Business

The President of the Defensoría del Consumidor (DC), Ricardo Salazar was present at the Financial Commission of the Legislative Assembly where he highlighted that the institution seeks to introduce a methodology that allows, in a more direct way, to promote competition and more accessible interest rates for consumers.

Published in Finances

The Deputy of Nuevas Ideas and President of the Financial Commission, Dania Gonzalez, informed that the Legislative Assembly enabled a space for citizen consultation to know the opinion about the products and services of the financial system.

Published in Economy

Congresswoman for New Ideas (NI), Dania González and president of the Financial Commission, informed that during the week a study will be made to review and establish minimum and maximum amounts of interest rates for memberships and credit cards.

Published in Economy
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