Mexico Central Bank May Consider Rate Cuts in February

Reported 1 day ago

Mexico's central bank may discuss a possible rate cut of 25 or 50 basis points in February, according to Deputy Governor Jonathan Heath. Although the bank has been on an easing cycle, the decision will depend on economic conditions, inflation rates, and uncertainties regarding U.S. trade, particularly related to potential tariffs on Mexican goods. Analysts expect slow economic growth and inflation stabilization, leading to further rate cuts as the bank aims to achieve its inflation target.

Source: YAHOO

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