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Economy
Colombian economy is projected to expand by 1.8% by 2024
In 2024, the government projects that the country’s economy will grow by 1.8%. It also anticipates inflation to fall to 5%. This will allow the central bank to lower its key interest rate to 8%. According to Ricardo Bonilla, the country’s GDP growth for 2023 will be at 1.2%. The fourth-largest economy in Latin America […]
Economy
U.S Private payrolls showed continued resilience in the labor market last month, adding 164,000 jobs.
In December, private employers in the U.S. added more jobs than expected. The labor market’s resilience suggests that the Fed may have to take a more cautious approach when it comes to reducing interest rates. According to data from payroll processor ADP, private-sector employment increased by 164,000 in December, which was higher than the 115,000 […]