Retail sales during October 2023, at an annual rate, reported a reduction when compared to the same month of the previous year. We understand that three (3) effects have influenced this result and the consumption pattern. First of all, we understand that the negative effects of the passage of Hurricane Fiona in September 2022 will affect...Read More
The Economic Activity Index (IAE) stood at 129.7 in October, the highest reading since 2014, according to data from the Economic Development Bank (BDE). The index is 6.0% above where it was in the same month last year and represents an increase of 0.2% when compared to the previous month. October is the ninth consecutive year-on-year...Read More
On Wall Street, interest rate cuts have recently become less a question of if, but rather, when. Two of 19 Federal Reserve officials predicted the central bank would cut interest rates at least once in the coming year, according to the Fed’s latest Summary of Economic Projections. While most officials believe there will be a total of three...Read More
La temporada navideña en República Dominicana siem- pre ha sido activa. El pago del doble sueldo en diciembre aumenta las ventas locales mientras las entradas de divi- sas por concepto del turismo y las remesas (entre 2010- 2022 las remesas de diciembre han sido un 13% mayores al promedio mensual de enero a noviembre) aumentan el...Read More
El oro recién viene de superar la barrera de los USD 2,000/onza. Esto se debe a la pausa en la tasa de interés de la Reserva Federal (Federal funds rate) y a la rebaja de la tasa de los bonos a largo plazo en el mercado, que implican una reducción o estabilización de la inflación. Aunque...Read More
