The Bank of Mexico raised interest rates by a quarter percentage point after a six-month pause, as policy makers have grown increasingly worried about high inflation.

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BING NEWS:
  • Bank of England Will Overhaul Its Forecasting After Inflation Surprises
    The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
    04/12/2024 - 8:32 am | View Link
  • Inflation still too high for Fed to cut interest rates, Schmid says
    Kansas City Federal Reserve President Jeff Schmid said on Friday the U.S. central bank should not be weighing interest rate cuts at this time because inflation remains above its 2% target and the job ...
    04/12/2024 - 5:39 am | View Link
  • Fed officials in no rush to cut rates as inflation worries rise
    By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -The ranks of Federal Reserve officials saying there is no rush to cut interest rates continue to grow, with ...
    04/11/2024 - 6:38 am | View Link
  • March inflation figures a ‘cancellation of the view’ US central bank will cut rates in June
    CommSec’s Tom Piotrowski says March inflation figures in the United States have led to a “cancellation of the view” that the Federal Reserve will be cutting rates in June.
    04/10/2024 - 10:02 am | View Link
  • Live Updates: Inflation Runs Hotter Than Expected
    Consumer prices rose 3.5 percent in March from a year earlier, a larger-than-predicted jump. The underlying details could worry the Federal Reserve.
    04/9/2024 - 10:22 pm | View Link
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