Reported 2 days ago
Mexico's central bank may implement larger cuts to its benchmark interest rate at the upcoming monetary policy meetings in 2025 due to slowing inflation, although they caution that the overall stance will remain restrictive. The recent decline in headline inflation to 3.69% from the previous year has improved the chances for a substantial rate cut in February. Despite economic growth projections of 1.2% for 2025, uncertainties surrounding U.S. trade policies, particularly under Trump, loom over Mexico's economic outlook.
Source: YAHOO