Reported 22 days ago
A Reuters poll indicates that Mexico's headline inflation likely eased to 4.31% in June from 4.42% in May, while core inflation is expected to rise further to 4.22%, prompting expectations that the central bank may slow interest rate cuts. The Bank of Mexico recently reduced its benchmark rate for the fourth consecutive time, adjusting its guidance to assess future cuts, suggesting a more cautious approach to monetary easing.
Source: YAHOO