Mexico kept borrowing costs at a record high for the seventh straight meeting on Thursday as inflation accelerated for the third straight month in January and services prices remain sticky, even as other metrics of demand cool.
Mexico Holds Record Rate After Prices Accelerated Last Month bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Mexico kept interest rates unchanged at a record high for the seventh straight meeting Thursday while signaling a growing openness to weighing a cut in the coming months. Earlier, inflation accelerated for the third straight month in January.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry P
(Bloomberg) Mexico’s consumer prices rose more than expected in early December as increased holiday season-related spending keeps pressure on the central bank. Most Read from BloombergVilified Zero-Day Options Blamed by Traders for S&P DeclineStocks Hold Onto Gains Amid Signs Economy Cooling: Markets WrapOnce Africa’s Richest Woman, Dos Santos Has $734 Million of Assets FrozenThe Hedge Fund Traders Dominating a Massive Bet on BondsCitigroup Is Exiting Distressed Debt Trading Consumer prices r