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Fed and Banxico Raise Rates in Unison, Defying EU President, Bolstering Inflation Credibility
El FinancieroLO·US · MX·2 days ago
Mexico's annual inflation rose to 3.42% in the first half of September, up from prior readings, driven by food price increases. The acceleration suggests persistent price pressures, potentially complicating Banxico's easing path. The report is preliminary and based on official data, but the trend is clear.