Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English. 

31 julio 2025

The Federal Reserve held the federal funds rate at 4,25%-4,50%, citing solid labor market conditions and above-target inflation. Financial markets made a hawkish reading of the Fed's accompanying statement and pushed back expectations of the next cut from September to October. The probability of a second cut in December dropped from 80% to 40%.

FMDR