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On Thursday, Banco de Mexico (Banxico) reduced interest rates by 50 basis points from 9% to 8.50% on an unanimous vote.
The inflation rate in Mexico increased in April but remains within the target range, leaving the door open to an interest ...
Mexico's annual inflation rate rose marginally in April, in line with market forecasts and supporting the idea that the ...
The median estimate from 16 analysts was for the year-on-year headline inflation rate for April to rise to 3.90% from 3.80% ...
The renewal of the PACIC comes amid ongoing inflationary pressures that are impacting low-income families in Mexico.
Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.
Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and ...
(Reuters) - The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on May 15, ...
Economists expect the bank to continue a trend that started in 2024 when it initiated its interest rate cuts. It has slashed ...