economy

Mexico’s Central Bank to Weigh US Interest Rates More Heavily in Second Half of 2023

Mexico’s Central Bank to Weigh US Interest Rates More Heavily in Second Half of 2023

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May 8, 2025

Subgobernador Jonathan Heath Discusses the Influence of US Interest Rates on Banxico’s Decisions Jonathan Heath, the undersecretary of the Bank...

Brazil’s Central Bank Raises Interest Rate to 14.75%, Highest in Two Decades

Brazil’s Central Bank Raises Interest Rate to 14.75%, Highest in Two Decades

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May 8, 2025

Background on the Brazilian Central Bank (BCB) The Brazilian Central Bank (BCB) is the country’s monetary authority, responsible for managing...

Pemex Reports Nearly 50 Billion Pesos Underspending in Q1

Pemex Reports Nearly 50 Billion Pesos Underspending in Q1

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May 7, 2025

Background on Pemex and its Relevance Petróleos Mexicanos (Pemex), one of the most indebted petroleum companies globally, recently reported a...

Mexico’s Remittances Regain Growth Momentum in March 2025

Mexico’s Remittances Regain Growth Momentum in March 2025

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May 7, 2025

Key Trends and Figures in Mexico’s Remittance Sector In March 2025, money transfers from Mexicans living abroad reached a total...

Banco de México Expected to Continue Rate Cuts Despite Fed’s Caution

Banco de México Expected to Continue Rate Cuts Despite Fed’s Caution

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May 7, 2025

Analysts from Sura Predict Further Interest Rate Reductions by Banco de México According to analysts from the insurance firm Sura,...

Citi Lowers Mexico’s Growth Forecast to 0.1% for 2025

Citi Lowers Mexico’s Growth Forecast to 0.1% for 2025

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May 7, 2025

Analysts’ Consensus Continues to Cut Mexico’s Growth Projection for 2025 For the sixth consecutive time, analysts have reduced their growth...

EU Recovery Fund Criticized for Lack of Transparency and Cost Linkage

EU Recovery Fund Criticized for Lack of Transparency and Cost Linkage

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May 7, 2025

Introduction to the EU Recovery Fund The European Union (EU) launched a €650 billion recovery fund in 2021 to stimulate...

US Treasury Secretary Scott Bessent: No Signs of Recession Despite Q1 Contraction

US Treasury Secretary Scott Bessent: No Signs of Recession Despite Q1 Contraction

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May 7, 2025

Who is Scott Bessent? Scott Bessent serves as the Secretary of the Treasury for the United States, playing a crucial...

Global Debt Continues to Rise; Tariffs May Encourage Expansionary Policies, IIF Warns

Global Debt Continues to Rise; Tariffs May Encourage Expansionary Policies, IIF Warns

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May 7, 2025

Introduction to Global Debt Trends The Institute of International Finance (IIF) reported that global debt reached a new high of...

Mexico’s Economy to Grow 0.7% More with Key Strategies: Finance Ministry

Mexico’s Economy to Grow 0.7% More with Key Strategies: Finance Ministry

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May 6, 2025

Introduction to Claudia Sheinbaum’s Economic Plan The Mexican economy is projected to grow an additional 0.7% annually, along with the...

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