The US Federal Reserve has met market expectations and lowered interest rates for the third time in a row in the last three months. Specifically, the institution has reduced the official price of money by 25 basis points, leaving it in a range between 1.50% and 1.75% in order to "sustain the expansion" of the economy at current levels.
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Economy The IMF points to Spain for the poor quality of private debt that makes it vulnerable to another crisis
FACTORIES The Spanish industry stops dry in September due to the German collapse and political uncertainty
great depression The ghost of the 'crash' of 29 and the Great Depression is still present