Mexico inflation slows in January as central bank steps up rate cuts
Mexico's annual inflation rate slowed slightly more than expected in January, official data showed on Friday, after the central bank accelerated the pace of its interest rate cuts and signaled more monetary easing ahead.
Bank of Mexico cuts interest rate to 9.5%
Citing weakness in the economy, Banxico voted 4-1 to again to bring down Mexico's benchmark interest rate, this time by a half point.
Bank of Mexico Opts for Bigger Interest Rate Cut
The Bank of Mexico opted for the steepest interest rate cut yet in its current cycle of monetary easing, citing weakness in the country’s economy and a continued decline in inflation.
Mexico's central bank will likely bring interest rate down to 9.5%: Reuters poll
Mexico's central bank will likely cut its benchmark interest rate by 50 basis points later this week, taking it to 9.50%, a Reuters poll showed on Wednesday, as inflation cools and the economy notched a slight contraction late last year.
Mexico’s Inflation Slows More Than Expected After Rate Cut
Mexico’s inflation slowed more than expected in January, supporting the central bank’s decision to deliver a half-point cut to its benchmark interest rate and signal additional reductions of the same magnitude.
Mexico's Inflation Slows to Four-Year Low
Mexico's inflation eased to a four-year low in January as lower fresh-food prices and a seasonal decline in some services offset increases in core goods prices. The consumer price index rose 0.29% last month,
Mexico headline inflation likely fell again January: Reuters poll
Mexico's annual inflation rate likely slid to its lowest level in four years in January, a Reuters poll of analysts predicted on Thursday, boosting bets the central bank will continue to lower borrowing costs.
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Mexico Central Bank Will Consider Larger Rate Cuts Early in 2025
(Bloomberg) -- Mexico’s central bank could make larger cuts to the benchmark interest rate at the year’s first monetary policy meetings due to slowing inflation, the board said in a report.