The Bank of Mexico, or Banxico, has decided to keep its key interest rate at 11.25% annually. This unanimous choice highlights the bank’s ongoing vigilance over inflation, which continues to pose a positive risk. Banxico predicts inflation will hit its 3% target by the second quarter of 2025, expecting no deviation from its anticipated price […]
Related Posts
Sneaky lightbulb security cameras are the next big thing in home security
Have you ever wished you could keep an eye on your home or office without anyone noticing? Well, now you can with new sneaky lightbulb cameras. The invention combines the functionality of a lightbulb and a live video camera in one perfect spying tech device. But are they secure? That’s a question many people have, […]
Colombia Boosts Financial Stability with Reserve Increase
Colombia’s central bank is boosting its international reserves by $1.5 billion to ensure stable external liquidity and safeguard the nation’s financial health. It aligns with a $9.8 billion IMF credit line granted in 2022 for crisis prevention and pandemic recovery. The bank’s board has approved this reserve growth program, clarifying no intent to manipulate the […]
77.05% of salary negotiations in Brazil exceeded inflation in the first half of the year
77.05% of salary update negotiations in Brazil, Latin America’s leading economy, exceeded inflation in the first half of 2023, according to a study released this Saturday by the state-run Agencia Brasil. The official data from the Medidor portal of the Ministry of Economy was released by the Foundation Institute of Economic Research (FIPE, in Portuguese), […]