Most of the Bank of Mexico's governing board supports smaller cuts to the key interest rate, minutes from June's rate decision showed on Thursday, signaling a more cautious approach as Mexico grapples ...

Mexico's headline inflation slowed in the first half of July, falling back within the central bank's target range and fueling ...

Mexico's headline inflation slowed in the first half of July, falling back within the central bank's target range and fueling ...

After a drop in inflation in Mexico brought it within the central bank's target range, experts are predicting interest rate ...

Mexican President Claudia Sheinbaum supports Mexico's central bank, Banxico, in its decision to reduce interest rates, ...

Mexico's central bank cut its benchmark interest rate on Thursday for a fifth straight meeting, lowering it 25 basis points to 7.0% as expected, amid a backdrop of a stagnating economy and ...

At her Thursday morning press conference, President Claudia Sheinbaum spoke about her government's efforts to stave off new U ...

In May, inflation exceeded the central bank's target of 3%, plus or minus a percentage point, after the headline rate accelerated to 4.42%, its highest level since November.

The central bank’s five-member board of governors voted unanimously to cut the overnight interest-rate target to 9% from 9.5%, in line with market expectations.

Banxico, as Mexico's central bank is known, has cut its benchmark interest rate by 325 basis points since early 2024 and by 200 points this year alone, as inflation has eased from its 2022 highs.