economy

economy
US GDP Grows 3% in Q2 2025 Amidst Trade Tensions
Economic Growth in the United States Advances in Second Quarter of 2025 According to official data released on Wednesday morning,...

economy
Mexico’s GDP Surpasses Expectations with 1.2% Growth in Q2
Economic Performance and Key Contributors The Mexican economy achieved a growth rate of 1.2% annually from the second quarter of...

economy
Mexico’s Hacienda Dismisses Tax Reform, Focuses on Customs Law Changes and Fiscal Spending Review
Background on Carlos Lerma Cotera and His Role Carlos Lerma Cotera, the Subsecretary of Income at Mexico’s Secretaría de Hacienda...

economy
Mexico Increases Minimum Global Tax on Chinese E-commerce Platforms to 33.5%
Background on the Situation Mexico has recently announced an increase in the minimum global tax on Chinese e-commerce platforms like...

economy
Eurozone Inflation Expectations Drop, Signaling End of Price Growth Surge
Background on the European Central Bank (ECB) The European Central Bank (ECB) is the central bank responsible for monetary policy...

economy
US Consumer Confidence Surpasses Expectations in July, Yet Remains Below 2024 Levels Amid Trade and Inflation Concerns
Background on The Conference Board and its Consumer Confidence Index The Conference Board, a global research organization, publishes the Consumer...

economy
IMF Ups Global Growth Forecast, Despite Trade Tariffs
Introduction The International Monetary Fund (IMF) has revised its global economic growth projection upwards to 3% from the previous estimate...

economy
Could Banxico Play a Greater Role in Economic Development?
President Claudia Sheinbaum Suggests Expanding Banxico’s Mission Mexico’s President Claudia Sheinbaum proposed on Tuesday that it might be worthwhile to...

economy
Inflation Expected to Return to Banco de México’s Target Range
Who is Banco de México (Banxico)? Banco de México, commonly known as Banxico, is the central bank of Mexico. Established...

economy
Renewal of Voluntary Agreement to Lower Gasoline Prices Expected Until End of 2025
Background on the Voluntary Agreement As the voluntary agreement to lower gasoline prices, specifically Magna, to less than 24 pesos...