Back

Mexico & Nafta - October 2019

Falling inflation raises spectre of further interest rate cuts

Mexico’s central bank (Banxico) started easing monetary policy in mid-August after five years of keeping interest rates on hold. The move was unsurprising given flagging domestic GDP growth and monetary easing from the US Federal Reserve. With the latest inflation results subsequently showing that inflation edged down further in August, more rate cuts are likely.

End of preview - This article contains approximately 509 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.