El País
Europe · 2 hrs ago
✦ 72← Left
Trump’s unintentional gift: how the Fed’s erosion opens Latin America’s doors to the euro
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← Left ⚠ Misleading headline
Latin American countries are increasing euro-denominated debt issuance, reaching 12% in Q1 2024—its highest level in a decade—partly attributed to declining US Federal Reserve credibility under Trump.
Trump’s unintentional gift: how the Fed’s erosion opens Latin America’s doors to the euro
Euro-denominated debt issuance climbed to 12% in the first quarter of the year, its highest level in a decade
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