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Mexico Holds Record Rate After Prices Accelerated Last Month bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) -- Mexico kept interest rates unchanged at a record high for the seventh straight meeting Thursday while signaling a growing openness to weighing a cut in the coming months. Earlier, inflation accelerated for the third straight month in January.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry P
Mexico Inflation Slows as Expected, Giving Some Relief to Banxico bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) -- Mexico’s annual inflation eased roughly in line with expectations in early August, a positive sign for the central bank as it continues holding its interest rate at a record high to slow price growth. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsNvidia Nears Record High as AI Demand Fuels Blowout ForecastBRICS Bloc Grows Heft With Saudi Arabia and Other Mideast PowersMore People Call
Cautious Banxico Members Say It's Too Early to Talk Interest Rate Cuts bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Mexico has reached an inflation rate of 8.15%, which was the highest figure since early 2001. Bank of Mexico is expected to deliver a second straight 75 basis-point increase to its key interest rate this week.