U.S. News & World Report

Bank of Mexico Seen Cutting Key Rate by 50 Basis Points: Reuters Poll

(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 ...
U.S. News & World Report

Bank of Mexico's Heath Wants Inflation Reversal Before More Major Rate Cuts

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 ...
Hosted on MSN

Mexico central bank to continue interest rate cuts amid inflation battle - Bank of Mexico head

Investing.com -- The Bank of Mexico, commonly known as Banxico, is expected to continue reducing its benchmark interest rate due to the ongoing inflationary environment in the country. This ...
Reuters

Bank of Mexico's rate decision marked by trade policy pressures, minutes show

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's economy contracts in third quarter as industrial activity slows

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 ...
American Banker

Revolut, SumUp make moves in Mexico

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

Bank of Mexico Raises 2024 GDP Growth Forecast After Solid 3Q

MEXICO CITY--The Bank of Mexico raised its estimate for economic growth this year, citing a better-than-expected performance in the third quarter, while it continues to see a slowdown in 2025. The ...
Wall Street Journal

Bank of Mexico Makes Second Straight Half-Point Rate Cut

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 ...
Wall Street Journal

Bank of Mexico Minutes Suggest More Half-Point Interest-Rate Cuts Likely

MEXICO CITY—A majority of Bank of Mexico board members said this month’s half-percentage point interest-rate cut could be followed by similar-sized reductions in future decisions, minutes of the ...
Morningstar

Bank of Mexico Raises Economic Growth Estimates

MEXICO CITY--The Bank of Mexico raised its estimates for economic growth this year and next following a better-than-expected performance in the second quarter. The central bank expects gross domestic ...

With the outlook for SNAP benefits uncertain, food banks are warning of a crisis

More Americans are turning to food banks to help fill the assistance gap, but administrators caution they aren't designed to ...