Reported about 11 hours ago
Mexico's annual inflation rate eased more than anticipated in early January, suggesting the possibility of a larger interest rate cut in the central bank's upcoming policy meeting. Consumer prices increased by 3.69% year-on-year, slightly below expectations, while core inflation reached 3.72%. Despite recent cuts to the benchmark interest rate, uncertainties about tariffs and economic growth are impacting policymakers' decisions, leading to cautious optimism regarding future rate adjustments.
Source: YAHOO