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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 ...
The Bank of Mexico reduced its benchmark interest rate by 50 basis points to 8.0%, despite ongoing inflation above its target ...
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.
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 ...
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%.
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 ...
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.
Experts are expressing concern that steep new U.S. tariffs primed to take effect on March 4, along with planned levies on other trading partners, could fan inflation and slow the nation's growth ...
Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting.
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