How the U.S. Federal Reserve affects Panama
- By : Panama Now
- Category : Economy, Financials
The Federal Reserve (FED) is the central bank of the United States that, through its monetary policy, regulates and takes actions to influence the availability and cost of money, in the behavior of credit to help promote economic objectives .
Any change in the economic situation of the United States affects the rest of the world market, but above all, countries like Panama, which use the dollar as currency. In recent years, the rates of financing, both public and private, have increased, which directly affects the Panamanian market.
In this note we tell you how the Federal Reserve works and how its actions affect the economic reality of the local market.
READ MORE;https://www.prensa.com/economia/acciones-Reserva-Federal-Unidos-Panama_0_5014748508.html
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