Kelly, the Fed minutes from the meeting in June on June 17th show that all participants view the view it as appropriate to maintain the Fed funds rate at 4 and a quarter to 4.5%. Now, the committee said it was well positioned to wait for more clarity on the outlook for inflation and economic activity. Also, a couple of participants they say noted that they would be open to considering rate cuts as soon as the next meeting that is July, but obviously that's the minority position here.Participants note uh dow ...

Peru’s government further cut its expectations for 2025 growth following disappointing economic activity results and global turbulence https://t.co/VkHJVHdPcq ...

Chile’s economic activity unexpectedly dropped in May on declines across several sectors, supporting the central bank’s outlook for renewed interest rate cuts over the coming quarters. https://t.co/uEBPk1nk2B ...