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The Bank of Mexico, also known as Banxico, made a major decision on Thursday by cutting its interest rate by 50 basis points, bringing it down to 9.00%. This was a unanimous decision made by the ...
Mexico's central bank should avoid cutting its benchmark interest rate by 50 basis points until inflation resumes a clear downward trajectory, Deputy Governor Jonathan Heath told Reuters, adding his ...
Mexico's central bank is expected to cut its key interest rate by another half percentage point this month despite a recent surge in inflation, although analysts believe the pace of rate cuts could ...
The Bank of Mexico reduced its benchmark interest rate by 50 basis points to 8.0%, despite ongoing inflation above its target ...
MEXICO CITY--Mexico's inflation picked up pace for a fourth consecutive month in May with higher food and core goods prices offsetting a seasonal decline in energy costs. The consumer price index ...
MEXICO CITY--Mexico's inflation picked up speed in April on higher core goods and services prices, while an increase in fresh-food items partly offset lower energy costs. The consumer price index ...
A recent paper by Boston Fed researchers concluded that tariffs of 25% on Mexico and Canada and 10% on China would add 0.8 percentage point to inflation, a blow to the Fed's outlook.
Rodriguez downplayed concerns of long-term high inflation, saying it remains on a downward trajectory and far from the highs reached in 2022, when it peaked at 8.7%.
US inflation slowed more than expected in February, with core inflation posting its smallest gain since 2021 -- although the data was gathered before President Trump began amp up his tariff wars ...
Mexico Inflation Edges Above Forecast Ahead of Rate Meeting. ... Donald Trump’s on-again, off-again tariff policies have raised concerns about whether investors will avoid Mexico this year. Some firms ...
Despite concerns over inflation, ... Headline inflation in Mexico accelerated to 4.42% in May, exceeding the upper end of the central bank's target range of 3% plus or minus a percentage point.