The National Hurricane Center said Flossie had maximum sustained winds at 110 mph and that rain was falling over parts of ...

The Bank of Mexico lowered its benchmark rate by 50 basis points on Thursday as largely expected, although the decision by ...

The central bank lowered its overnight interest-rate target to 8% in split 4-1 vote.

The central bank of Mexico cut its benchmark interest rate by 50 basis points on Thursday, leaving the door open for further ...

A further 50 basis point cut would take Banxico’s rate to its lowest level in three years, which could provide some relief to the weakening Mexican economy. But the majority of participants polled by ...

The Bank of Mexico reduced its benchmark interest rate by 50 basis points to 8.0%, despite ongoing inflation above its target ...

The Bank of Mexico has cut its benchmark interest rate by 50 basis points to 8.0%, marking the lowest level since mid-2022.

It is the bank’s fourth straight half-point reduction, and brought the rate to its lowest level in almost three years. Deputy Gov. Jonathan Heath voted to leave the rate at 8.5%.

The U.S. Treasury Department has slapped sanctions on three financial institutions in Mexico it says were used to launder ...

Headline inflation in Mexico rose slightly in the first half of June, coming in close to what analysts expected.

(Reuters) -The Bank of Mexico lowered its benchmark rate by 50 basis points on Thursday as largely expected, although the decision by the central bank's five-member governing board was not unanimous.