Most of the Bank of Mexico's governing board supports smaller cuts to the key interest rate, minutes from June's rate decision showed on Thursday, signaling a more cautious approach as Mexico grapples ...

After a drop in inflation in Mexico brought it within the central bank's target range, experts are predicting interest rate ...

Mexico's annual headline inflation likely slowed in the first half of July, though the core index remained under pressure, ...

Inflation in the 12 months through mid-June meanwhile hit 4.51%, also in line with expectations, an increase compared with the 4.22% the prior month but easing from the 4.62% registered in the ...

MEXICO CITY—The Bank of Mexico’s cycle of half percentage-point interest-rate cuts came to an end last month as a majority of board members agreed that future reductions should be smaller ...

The Bank of Mexico has indicated that it expects to slow the pace of interest-rate cuts after making four consecutive half percentage-point reductions. The central bank is widely expected to lower its ...

The consumer price index rose 0.28% last month, bringing the 12-month inflation rate down to 4.32% from 4.42% in May, statistics institute Inegi said Wednesday. Core CPI, which excludes fresh food ...

The median forecast from 17 analysts projected an annual headline inflation rate of 4.31% for June, down from 4.42% in May, though still above the official target of 3%, plus or minus one ...

Mexican President Claudia Sheinbaum supports Mexico's central bank, Banxico, in its decision to reduce interest rates, ...

Can Brazil cut rates, and if so by how much and why? Same for Mexico. And do they need the Fed to cut? We answer these questions ...

Banxico, as Mexico's central bank is known, has cut its benchmark interest rate by 325 basis points since early 2024 and by 200 points this year alone, as inflation has eased from its 2022 highs.