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After a drop in inflation in Mexico brought it within the central bank's target range, experts are predicting interest rate ...
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 ...
Mexican President Claudia Sheinbaum supports Mexico's central bank, Banxico, in its decision to reduce interest rates, ...
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 ...
Mexico's annual inflation rate eased in June after rising for four straight months, though core prices kept climbing, fueling expectations the central bank could slow the pace of interest rate cuts, ...
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 ...
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.
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 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 ...
By Anthony Harrup MEXICO CITY--The Bank of Mexico lowered its benchmark interest rate by half of a percentage point in a split vote and left the door open for further cuts. The five-member board ...