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.
Similar Stories to Mexico's Central Bank Raises Rates As Inflation Concerns Mount on Bing News
WSJ.com: World Markets, Wall Street Journal: World Markets
Thu, 12/14/2017 - 4:22pm
BING NEWS:
- ‘Lack of Further Progress’ on Inflation Keeps Interest Rates High
Jerome H. Powell, the Fed chair, said that the central bank needed “greater confidence” that inflation was coming down before it decided to cut interest rates, which are at a two-decade high.
05/2/2024 - 1:52 am | View Link - Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
The Czech bank’s decision comes as central banks around the world, including the U.S. Federal Reserve, are trying to judge whether toxic inflation has been tamed to the point that they can start ...
05/1/2024 - 6:57 pm | View Link - Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation
The Fed held interest rates steady on Wednesday, saying it wants “greater confidence” that inflation is moving sustainably toward the central bank’s 2% goal. Inflation has been higher than expected ...
05/1/2024 - 1:00 pm | View Link - Fed keeps rates steady as it notes 'lack of further progress' on inflation
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.
05/1/2024 - 7:00 am | View Link - Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
05/1/2024 - 1:15 am | View Link - More
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