Reported 2 days ago
Mexico's inflation rate fell to 3.67% in March, lower than analysts' expectations, as the central bank prepares for a potential sixth rate cut. Core inflation decreased to 3.56%, prompting speculation about a 50 basis-point reduction in borrowing costs. This decision aims to alleviate pressures from a weakening economy, with analysts forecasting inflation to align with targets over the next few years.
Source: YAHOO