Mexican Peso loses some ground amid modest gains in the US Dollar. Banxico Governor adopts cautious stance on aggressive rate cuts despite lower inflation. Upcoming economic releases include Mexican Consumer Confidence and US CPI prior to the FOMC event next week. submitted by /u/Denchock |
TKL: How bad has the US debt crisis become? Interest paid to overseas holders of national debt hit an all-time high of ~$205 billion in 2024.
US Treasury interest paid to foreigners has jumped 49% over the last 5 years. This comes as total interest costs