The central bank lowered its benchmark interest-rate target by to 7.25% from 7.5% on Nov. 6.
The board of governors lowered the benchmark rate by a quarter of a percentage point to 7.25% and kept the door open to future reductions.
MEXICO CITY (Reuters) -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 ...
MEXICO CITY (Reuters) -Mexico's central bank is expected to cut its key interest rate by another half percentage point this month despite a recent surge in inflation, although analysts believe the ...
Remittances to Mexico again fell in September, marking the sixth decline in a row. The Bank of Mexico noted in a report that ...
MEXICO CITY, May 29 (Reuters) - All of the Bank of Mexico's five governing board members agreed in the monetary authority's most recent rate decision that the period had been marked by high ...
Mexico central bank calls financial system 'solid and resilient' It says banking system has liquidity, adequate capital levels Report calls market behavior relatively orderly Bank cites potential ...
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 ...
GECU, El Paso's largest financial institution, buying New Mexico's 11-branch Bank of the Southwest in cash deal.
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