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 ...
The Bank of Mexico should be more cautious cutting interest rates given the current scenario of sticky core inflation and ...
MEXICO CITY (Reuters) - The Bank of Mexico's governing board may consider larger cuts to its benchmark interest rate going forward as inflation in Latin America's second largest economy cools, bank ...
The central bank has begun withdrawing the blue 20-peso banknote bearing the image of President Benito Juárez.
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 ...