Mexico’s central bank accelerated the pace of its interest rate increases on Thursday, June 23rd. delivering the country’s biggest ever hike and …
Banco de Mexico
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The Bank of Mexico on Thursday, June 23rd, increased its benchmark interest rate by a record 75 basis points to 7.75%, saying …
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Mexican President Andres Manuel Lopez Obrador said on Thursday the Bank of Mexico had voted to raise its benchmark interest rate by …
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Banamex could receive bids from other institutions, Mexican moguls, and global banks
After Citigroup Inc on Tuesday announced plans to sell its Mexican consumer banking business, analysts said homegrown billionaires such as Carlos Slim …
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It’s official, AMLO appoints Victoria Rodríguez as Governor of Banxico
With the appointment of the president, Victoria Rodríguez will become the first female governor of Banco de México. MEXICO, (December 11, 2021).- …
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MEXICO CITY, Oct 14 (Reuters) – Minutes from the Bank of Mexico’s last monetary policy meeting showed on Thursday that its five …
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AMLO backs Cenbank hikes over inflation, but slams board member for criticizing his plan
(Reuters) – Mexican President Andres Manuel Lopez Obrador on Wednesday backed the central bank’s recent moves to raise interest rates, but took …
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Banco de Mexico raised its key rate by a quarter-point to 4.25 percent in response to a jump in inflation
Mexico’s central bank unexpectedly raised borrowing costs for the first time since late 2018 in a split decision as concern mounts that …
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Central Bank says resilient Mexico’s financial system will help economic recovery
MEXICO CITY (Reuters) – Over a year into the COVID-19 pandemic, Mexico’s financial system has demonstrated resilience and has a solid overall …
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U.S. Stimulus Will Lift Economy, Create Market Challenges (Mexico’s Central Bank)
MEXICO CITY (Reuters) – U.S. President Joe Biden’s $1.9 trillion stimulus package will help boost Mexico’s economy and exports but will also …