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Mexico’s CPI figure for May is expected to rise at a muted pace on Thursday which could flatten the year-over-year rate around 7.6% and based upon what can be observed from bi-weekly figures into the first half of the month.
Bi-weekly core inflation is still relatively persistent.
The Mexican Central Bank, Banco de México raised interest rates by 50 basis points to 10.50% at its December 2022 meeting, as expected. It was the 13t
[See the full post at: Banco de México Raises Rates by 50 bps to Record High 10.50%, Hints at More Hikes]
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