Central Banks Set the Tone for the Week

Week: September 15–19 

Recent economic data and monetary policy decisions highlight diverging dynamics in the global landscape. From the Fed’s first rate cut of the year to slowing momentum in China and persistent inflation in the United Kingdom, markets are navigating a complex environment. 

United States: 

• In the United States, the Federal Reserve delivered its first rate cut of the year, while retail sales surprised to the upside. 

Europe: 

• In the United Kingdom the inflation remained elevated. 
• In Germany  investor´s confidence improved unexpectedly. 

Asia: 

• China showed a slowdown in consumption and industry. 
• Japan recorded a sharp drop in exports to the U.S. 

Latin America: 

• Brazil kept its benchmark rate unchanged. 
• Mexico advanced with USMCA consultations and issued bonds to finance PEMEX. 

“I’ve usually used the phrase stay the course as one of the great rules of investment success.” — John C. Bogle 

Key Upcoming Events 

• In the United States, several Fed members are scheduled to speak — 09/22–24 
• In the United States, the final revision of Q2 2025 GDP will be released — 09/25 

Monitor