The central bank's majority opted for a balancing act, cutting the interest rate from 6.5% to 6.25% as an ecoomy boost, while assuming that recent brakes on inflation will hold, despite raising their 4Q headline inflation forecast from 3.5% to 3.7%.
The post Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns appeared first on Mexico News Daily
Median forecasts rise in surveys by Banxico and Citi, with 2027 growth seen near 1.9% and year-end inflation just under 4%. The post Mexico’s 2026 growth outlook…
The Federal Reserve has decided to hold interest rates steady despite high inflation. CBS News' Kelly O'Grady has more.
The Federal Reserve kept its key interest rate unchanged at about 3.9% on Wednesday, despite stubbornly high inflation, as Chairman Kevin Warsh said there were signs its…
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