April 28, 2025 Amid growing global economic volatility, countries in Latin America and the Caribbean must adapt their economic strategies to navigate increasing uncertainties, according to the advance chapter of the World Bank’s Latin America and the Caribbean Economic Review (LACER). The report forecasts growth of 2.1 percent in 2025 and 2.4 percent in 2026,
April 28, 2025 United States: Bessent Says ‘It’s Up to China to De-Escalate’ in Trade War Treasury Secretary Scott Bessent said “all aspects” of the US government are in contact with China but that it’s up to Beijing to take the first step in de-escalating the tariff fight with the US due to the
April 25, 2025 United States: Stocks Halt Rally on Conflicting Tariff Signals A solid week on Wall Street is ending on a softer note, with stocks falling as investors digested the gains of the past few sessions amid conflicting signals on whether the US-China trade spat is de-escalating. The S&P 500 halted a
April 24, 2025 United States: US Initial Jobless Claims Tick Up, In Line With Forecasts Applications for US unemployment benefits picked up slightly, reflecting a stable labor market. Initial claims increased by 6,000 to 222,000 in the week ended April 19, according to Labor Department data released Thursday. https://www.bloomberg.com/news/articles/2025-04-24/us-initial-jobless-claims-tick-up-in-line-with-forecasts?srnd=phx-economics-v2 Europe: German
April 23, 2025 United States: Growth in US Business Activity Is Weakest Since 2023 on Tariffs US business activity expanded at the slowest pace since 2023, while output expectations deteriorated, and price pressures mounted as tariffs created headaches for companies. The S&P Global flash April composite index of output at manufacturers and services
April 22, 2025 A forecasted contraction in Mexico's 2025 economic output is the primary driver behind the IMF's revised estimate for a slowdown in GDP growth for Latin America and the Caribbean this year, according to the fund's updated World Economic Outlook released on Tuesday. The International Monetary Fund now projects economic output growth in
April 22, 2025 United States: US Short-Term Yields Climb With Treasury Auctions Set to Begin Short-term Treasury yields climbed Tuesday, while their European counterparts declined, as investor caution on US assets was compounded by a pending auction of two-year notes and several Federal Reserve speakers. US two-year yields rose as much as five
April 17, 2025 The euro area’s annual inflation rate was 2.2% in March 2025, down from 2.3% in February. A year ago, the rate was 2.4%. Annual inflation in the European Union fell to 2.5% in March 2025, from 2.7% in February. A year earlier, the rate was 2.6%. France had the lowest yearly rate (0.9%), followed by Denmark (1.4%) and Luxembourg (
April 17, 2025 United States: US Initial Jobless Claims Decline to Lowest Since Early February Applications for US unemployment benefits fell to the lowest level in two months, consistent with a stable labor market. Initial claims decreased by 9,000 to 215,000 in the week ended April 12, according to Labor Department data released
April 16, 2025 United States: US Retail Sales Jump by Most in Two Years on Car-Buying Rush US retail sales rose substantially in March on a jump in car purchases and other goods such as electronics, suggesting consumers were scrambling to get ahead of tariffs. The value of retail purchases, not adjusted for
