The Panamanian banking sector anticipates potential effects from the recent decision by the US Federal Reserve to raise its interest rates. Weeks ago, the US Federal Reserve opted to increase its interest rates, a move that could translate into higher borrowing costs in Panamá. The Asociación Bancaria de Panamá (Panama Banking Association) suggests that these adjustments will likely be felt within Panamá's loan market. This means individuals and businesses in Panamá seeking loans could face increased interest payments. The extent of the impact will depend on how Panamanian banks react to the changes implemented by the US Federal Reserve. Further monitoring is expected to assess the full scope of these international financial shifts on Panamá’s economy.