Economy

US: The Federal Reserve is expected to cut rates this week despite a healthy economy.

Argentina: Driven by the agriculture sector, the economy grew 2.6% yoy in May

- US: The Fed is expected to lower rates this week, although economic figures don’t signal an imminent downturn.

Argentina: As primary elections get closer, pressure on the peso increased, testing the Central Bank´s capacity to minimize exchange rate volatility

- US: Industrial production was flat in June, despite a slight improvement in manufacturing activity.

Argentina: Monthly inflation fell to 2.7% in June, the third straight monthly decline

Argentina: May activity figures signal the start of the rebound, although the recovery is still heterogeneous

US: Consumer confidence further deteriorated in June, however consumer spending remains solid.

Argentina: Despite an intense political agenda, the peso strengthened during June, boosting local sentiment and enabling the Central Bank to further cut rates

- US: The Fed did not surprise and left rates unchanged, but signaled chances of a cut could increase in the short term if the economic outlook deteriorates further.