Week from the 20th to the 24th of May

Most Outstanding Points of the Week

  • In the United States, the minutes of the FED’s last meeting confirmed its members’ view of persistent inflation, emphasizing that it may take longer to implement cuts.
  • In the United States, JP Morgan’s Jamie Dimon stressed that a “hard landing” for the economy could not be ruled out, as well as the possibility that interest rates could rise “a bit more”.
  • In China, the country’s fiscal revenues fell 2.7% annually in the first four months of 2024.
  • In Mexico, economic activity is expected to have advanced 1.7% annually in April, the lowest figure since January. 

Important Events in the Coming Weeks

  • In the United States, Memorial Day will be commemorated  05/27
  • In the United States, the second revision of the 1Q24 GDP will be released 05/30

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