After easing in June and July, the consumer price index accelerated by 0.06% from July to August, a modest rise that leaves the door open to another possible interest rate cut on Sept. 25. The post Annual inflation rose in August, but remains within central bank’s comfort zone appeared first on Mexico News Daily Culture
Mexico’s Klar Catches Up On Race to Bank License With Bineo Buy Bloomberg.com Culture
The Mexico City bank's recent acquisition of the U.S.-sanctioned Intercam Bank helped put it over US $1 billion in valuation, the benchmark for unicorn status. The post Fintech firm Kapital is Mexico’s latest unicorn, valued at over US $1B after acquiring Intercam Bank appeared first on Mexico News Daily Culture
Mexico's central bank hikes economic forecast but growth remains sluggish Reuters Culture
Bank of Mexico expects 2025 GDP to reach 0.6%, versus earlier forecast of 0.1% TradingView Culture
Guadalajara Grito de Independencia 2025 expects to draws 90,000 Puerto Vallarta News Culture
It's been an action-packed week for CIBanco and Intercam, with news on U.S. sanctions, a lawsuit and the acquistion of bank assets by outside parties. The post CIBanco, Intercam sell off assets as US extends bank sanction deadline appeared first on Mexico News Daily Culture
Openness and Growth: A Comparison of the Experiences of China and Mexico Federal Reserve Bank of Minneapolis Culture
