(Reuters) - The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on May 15, taking it to 8.5%, according to a Reuters poll on Monday, as inflation remains ...

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's economy contracted 0.3% in the third quarter from the previous three-month period, preliminary data showed on Thursday, marking its first year-on-year quarterly decline since 2021 and raising ...

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

MEXICO CITY, May 31 (Reuters) - Mexico's central bank on Wednesday signaled it would hold the country's benchmark interest rate at its current all-time high for an extended period of time in order to ...

The Bank of Mexico said inflation was not going down as expected, and was likely to remain high for some time. The bank said Mexico’s inflation rate is not likely to decline to the official goal of 3% ...

MEXICO CITY—The Bank of Mexico raised its forecasts for economic growth this year and next, citing resilience in demand for Mexican exports, robust domestic consumption and plans for increased ...

MEXICO CITY—Bank of Mexico governors all agreed to raise the reference interest rate by three-quarters of a percentage point last month to rein in inflation, and most are willing to consider further ...

MEXICO CITY, Feb 27 (Reuters) - Bank of Mexico board member Jonathan Heath said in a newspaper interview published on Monday that he does not see the central bank's benchmark interest rate reaching 12 ...

MEXICO CITY — Analysts expressed shock Thursday at a decision by Mexico’s central bank to cut interest rates on the same day that official figures showed a sharp rise in domestic inflation. Almost ...