Reported about 15 hours ago
The governor of the Bank of Mexico, Victoria Rodriguez, stated that the country's inflation fight has entered a new phase, allowing for further cuts to the benchmark interest rate, which has been reduced to 9.50%. This reduction comes as annual inflation slowed to 3.69%, within the central bank's target. Rodriguez expressed confidence in cooperation between the U.S. and Mexico despite concerns over potential tariffs that could impact the economy. She emphasized the vital role of trade integration and the U.S.-Mexico production chains in sustaining growth.
Source: YAHOO