Bank of Mexico Cuts Interest Rate to 9.5%
The Bank of Mexico (Banxico) lowered its benchmark interest rate by 50 basis points on Thursday, citing cooling inflation and economic weakness. The rate now stands at 9.5%, marking its largest cut
Mexico’s Inflation May Drop Below 4% in January – Official
What Happened Deputy central bank governor Jonathan Heath told newspaper Excelsior on Monday that Mexico’s headline and core inflation rates are expected to fall below 4% in January. Heath emphasized that the
