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  • Mexico bank fee proposal sparks backlash

    11/9/18
    Spurred by a proposal to prohibit bank fees, the worst selloff at Mexico's BMV stock exchange in seven years has been met with strong reaction from the banking industry, ratings agencies and the legislator behind the proposal. On...

  • Finance ministry ups Chile growth forecast

    10/3/18
    Chilean finance minister Felipe Larraín (pictured) said the economy's recovery is stronger than previously expected with the ministry now forecasting 4.1% GDP growth in 2018, up from 3.8% in its July estimate. Larraín presented the ...

  • US Fed delivers new rate hike

    9/26/18
    As expected, the US Federal Reserve's open market committee (FOMC) raised the key US interest rate by 25 basis points Wednesday, bringing the federal funds rate to between 2% and 2.25%. FOMC also indicated there would be another...