Mexico’s annual inflation accelerated roughly in line with economists’ forecasts in early February, holding near the central bank’s estimates and keeping chances of a sixth straight interest rate cut in play.
As inflation heats up, consumers are seeing higher prices at grocery stores due to tariffs on imported goods such as fruits and vegetables from Mexico, Canada and China.
Mexico's annual inflation rate likely rose during the first half of February as the core index remained flat, a Reuters poll predicted on Friday, boosting bets that the central bank will again opt to significantly lower borrowing costs in March.
Trump says his tariffs on Canada and Mexico will start next month, ending a monthlong suspension on the import taxes that could hurt economic growth and worsen inflation.
President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month "on time," ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.
President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.
President Trump’s comment indicates the end of a monthlong suspension on planned import taxes that could potentially hurt growth and worsen inflation.
Mexico's inflation picked up in the first half of February with increases in core goods and services offsetting a decline in fruit and vegetable prices. The consumer price index rose 0.15% from the end of January,
President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.
U.S. stocks plummeted Monday afternoon after President Donald Trump confirmed that blanket tariffs on Canada and Mexico would begin Tuesday. The Dow Jones Industrial Average closed lower by 650 points,
U.S. President Donald Trump is preparing to slap tariffs on America’s largest trading partners despite rising signs of an increasingly less stable economy. What To Know: Trump has announced plans to impose 25% tariffs on imports from Canada and Mexico,
As the clock ticks down toward Tuesday's proposed tariffs on Canada and Mexico, inflation traders prepared for a short-term shock to the annual headline rate from the consumer-price index over the second half of this year.
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