Kansas City Federal Reserve President Jeff Schmid said on Thursday that recent surveys indicating a rise in consumer inflation expectations showed the central bank must stay…
European Central Bank board member Isabel Schnabel argued on Tuesday that the fact that growth remains subdued cannot and should not be taken as evidence that policy…
Mexican Peso slips as monetary policy divergence with Fed fuels further upside. USD/MXN climbs 0.14% to 20.43 as Banxico signals additional 50-bps rate cuts. Mexico’s…
The Pound Sterling gains sharply against its major peers after the release of upbeat UK Retail Sales data for January. UK’s upbeat Retail Sales, hot…
Banxico sees Q4 2024 GDP contraction, with 2024 growth slowing to 1.5%. Inflation falls to 3.69%, back within Banxico’s 2-4% target range. Most members anticipate…