The Wall Street Journal

The Bank of Mexico raised interest rates for the first time since 2008

WSJ-Pro

MEXICO CITY—The Bank of Mexico raised interest rates for the first time since 2008, despite record-low inflation and relatively slow economic growth, as the central bank seeks to avoid further pressure on the peso after a sharp depreciation this year. The Bank of Mexico lifted the overnight interest rate target by a quarter percentage point to 3.25%, as widely expected, ... Read More »