Our most recent publications
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
In the second week of September, consumption reverses the upward trend that it had at the beginning of the month. The protests in some cities and the effect of lower spending on the celebration of love and friendship are slowing down the recovery in consumption this month.
The high uncertainty triggered by the Covid-19 crisis has stressed the need to monitor the evolution of the economy in “real time”. We developed a set of Big Data indicators to track Investment in Real Time and High Definition, extending the analysis to assess the business cycle and complementing our tracker of consumption.
September 16, 2020
FOMC Meeting September 15-16:Fed delivers on forward guidance, but defers on changes to QE
After announcing the changes to the Longer-Run Goals and Monetary Policy Strategy in the intermeeting period, the FOMC followed up with a very dovish statement at the September meeting.
The rate of inflation in Uruguay has dropped significantly in recent decades but still remains high. The Monetary Policy Committee announced that it will use the interest rate as an instrument of monetary policy and set it at 4.5% per year. It also ratified the new target range of 3% to 6% from September 2022.