“Mexican Central Bank Sends Shockwaves through Global Markets with Interest Rate Hike to 11.25%”
On March 30th, 2023, the Mexican Central Bank announced a hike in the benchmark interest rate to 11.25%, citing concerns about rising inflation and the need to maintain financial stability. This decision has far-reaching implications for the Mexican economy and global markets, as it could impact everything from foreign investment to consumer spending. In this … Read more