The Bank of Mexico cited stable inflation, a sluggish economy and an easing U.S. Federal Reserve policy in signaling further interest rate cuts, according to minutes from its latest policy meeting ...

Most board members saw a weak economy and the Fed’s easing opening more space for lower rates—despite sticky inflation.

Revolut receives a banking license, while SumUp introduces its payments hardware. That and more in the American Banker global ...

INEGI reported on Thursday that Mexico’s core inflation rate was 4.24% in the first half of October, down from 4.28% across ...

MEXICO CITY (Reuters) -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 ...

MEXICO CITY (Reuters) - Mexico's inflationary environment is expected to allow policymakers to keep cutting the benchmark interest rate, the head of the Bank of Mexico told Reuters, as the fight to ...

MEXICO CITY—The Bank of Mexico lowered its benchmark interest rate by half of a percentage point for the second meeting in a row as inflation eased and the economy continued to slow, and said further ...