The Fed is on track to increase the interest rate more aggressively in the coming months
With this measure, the US Federal Reserve will seek to contain the price hike, after two years of exchange rates anchored close to 0 to mitigate the consequences of the COVID-19 pandemic
USA: the application for real estate loans fell by more than 40% in one year
As a result of rising interest rates, fewer Americans are asking for loans to buy property
President Iván Duque rejected the interest rate hike announced by the bank of the Republic
The numbers peaked since 2017. In February they had already had a run-in with the board of directors due to other increases.
Rising Interest Rates Affect Job Generation, According to Colombian Entrepreneurs
The presidents of the National Federation of Traders (Fenalco) and the National Association of Entrepreneurs of Colombia (Andi), explained the effects on the entire economy: consumption, economic activity and employment by the interest rate
“That measures do not affect the growth of the economy”: Duque against the interest rates of the Banco de la República
President Ivan Duque expressed his position on the Board's recent decision to increase interest rates due to inflation
