February 11, 2025 Mexico's inflationary environment is expected to allow policymakers to continue cutting the benchmark interest rate, according to the head of the Bank of Mexico. Banxico, as the Mexican central bank is known, reduced the key rate by 50 basis points to 9.50% on Thursday, doubling the 25-basis-point cuts it had made since

February 07, 2025 The value of exports from Latin America and the Caribbean grew by an estimated 4.1 percent in 2024, recovering from a 1.6 percent decline in 2023, according to the latest Trade Trends Estimates. This growth is attributed to higher shipment volumes, despite stagnant prices. While the trade outlook has improved significantly, the

February 03, 2025 The Mexican peso tumbled over 2% to its lowest level in nearly three years against the dollar on Monday, following the United States' imposition of 25% tariffs on its southern neighbour, marking the first major salvo in a new global trade war. In response, Mexican President Claudia Sheinbaum ordered retaliatory tariffs, as

January 31, 2025 Mexico's economy contracted more than anticipated in the fourth quarter, according to preliminary data from the national statistics agency INEGI released on Thursday. This marks the first quarter-on-quarter decline in over three years. The contraction comes as Mexico braces for potential U.S. import tariffs, which could further impact its economy already strained

January 24, 2025 Mexico's annual inflation rate slowed to its lowest level in nearly four years in the first half of January, according to official data released on Thursday. This price level is likely to encourage the central bank to continue reducing borrowing costs. In Latin America's second-largest economy, 12-month headline inflation was reported at