Colombia Outlook Cut to Negative by Moody’s on Sluggish Growth

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

Colombia’s credit outlook was cut to negative by Moody’s Ratings, which cited the impact of sluggish economic growth on government revenue.

Big Banks to Pay $46 Million to Settle Swaps Collusion ClaimsConfidence Returns to US IPOs With Best Start to Year Since 2021The List of Money Managers Dumping Oil Stocks Just Got LongerMexico’s Finance Minister Pledges Moderation in London MeetingsLula Signals Openness to Spending Cuts, Boosting Brazilian RealA Potential Atlantic Hurricane Is About to Clash With a Cloud of Saharan DustSao Paulo Water Utility’s Share Sale Lure Only One BidderSheinbaum Names Ally Luz Elena Gonzalez as Energy...

2 ProducerBank of Canada's cutting cycle a 'big tailwind for Canadians': economistThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed’s Harker Says One Rate Cut in 2024 Is Appropriate Based on OutlookFederal Reserve Bank of Philadelphia President Patrick Harker said he sees one interest-rate cut as appropriate for this year based on his current forecast, underscoring the message that high interest rates are likely to persist.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

London stocks lose steam after Fed's rate cut outlook; Halma jumpsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Fed may cut later than ECB, BoC, but cut they shall, and gold will soarThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Colombia to Cut $5 Billion in 2024 Budget on Fiscal ConstraintsColombia will reduce public spending by about 20 trillion pesos ($5 billion) this year, the finance minister said, as President Gustavo Petro’s administration faces budget restrictions after overestimating tax revenue.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Aval CEO Urges Colombia to Cut ‘Exaggeratedly’ High Interest RatesColombia should slash interest rates to reactivate the economy and its battered construction sector, according to the head of the nation’s biggest banking group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Walgreens CEO calls consumers 'increasingly selective and price-sensitive' as retailer cuts profit outlookWalgreens' quarterly results point to yet another sign that consumers are pulling back on higher-priced items.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »