20 Articles
20 Articles
The Bank of Mexico cuts the interest rate by 50 points and puts it at 9% in the face of Trump’s tariff escalation
With Trump’s tariff escalation as a backdrop, the Bank of Mexico has decided to lower interest rates by 50 basis points and put the reference rate at 9%. The institution has decided to continue with an aggressive rate reduction in the face of the increase in US protectionist policies, which could lead to economic weakening in the country and greater volatility in the financial markets. Amid fear of an economic recession, the central bank’s gover…
BdeM cuts to 9% reference interest rate
The Board of Government of the Banco de México (BdeM) cut its benchmark rate by half a percentage point yesterday to 9 percent on the grounds that inflation continues to fall; however, it warned that US economic policies could generate price pressure.
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