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United States

Anthony Esposito

Mexico posts record current account surplus as Trump China trade war bites

Aug 23 2019

MEXICO CITY Mexico posted its largest current account surplus on record and the first in nine years, lifted by robust foreign trade with the United States as President Donald Trump waged a bitter tariff dispute with China, official data showed on Friday.

UPDATE 3-Mexico posts record current account surplus as Trump China trade war bites

Aug 23 2019

MEXICO CITY, Aug 23 Mexico posted its largest current account surplus on record and the first in nine years, lifted by robust foreign trade with the United States as President Donald Trump waged a bitter tariff dispute with China, official data showed on Friday.

Mexican economy stagnates in second quarter, weaker than earlier estimated

Aug 23 2019

MEXICO CITY Mexican gross domestic product was unchanged in the second quarter from the preceding three months, slightly weaker than a preliminary estimate published last month, data from the national statistics agency INEGI showed on Friday.

Surprise rate cut in Mexico 'no use' for growth in short term

Aug 16 2019

MEXICO CITY The Mexican central bank's surprise interest rate cut on Thursday is likely to have a limited impact at best on lifting growth this year after the sluggish economy narrowly avoided recession in the first half of 2019, analysts say.

Core inflation a stiff 'challenge' in Mexico -central bank governor

Aug 16 2019

MEXICO CITY Reducing Mexico's stubborn core inflation, running at 3.8 percent, is a challenge for the central bank, its governor told Reuters on Thursday, after it cut its key lending rate for the first time since June 2014.

Mexico's central bank cuts rates for first time in 5 years as economy sputters

Aug 16 2019

MEXICO CITY Mexico's central bank on Thursday cut its key lending rate for the first time since June 2014, citing slowing inflation and increasing slack in the economy, and fueling expectations that further monetary policy easing could be on the way.

Core inflation a stiff 'challenge' in Mexico as economy faces growing risks

Aug 16 2019

MEXICO CITY Reducing Mexico's stubborn core inflation, running at 3.8 percent, is a challenge for the central bank, its governor told Reuters on Thursday, after it cut its key lending rate for the first time since June 2014.

UPDATE 1-Core inflation a stiff 'challenge' in Mexico as economy faces growing risks

Aug 16 2019

MEXICO CITY, Aug 15 Reducing Mexico's stubborn core inflation, running at 3.8 percent, is a challenge for the central bank, its governor told Reuters on Thursday, after it cut its key lending rate for the first time since June 2014.

UPDATE 3-Mexico narrowly escapes recession, ekes out minimal 2nd-qtr growth

Jul 31 2019

MEXICO CITY, July 31 Mexico narrowly avoided slipping into a recession during the first half of 2019 as gross domestic product grew by a fraction in the second quarter, data showed on Wednesday, but economic weakness persisted across the board.

Mexico's stimulus package to have 'immediate impact': finance minister

Jul 29 2019

MEXICO CITY A $25 billion stimulus package unveiled by Mexico on Monday should have an immediate impact, Finance Minister Arturo Herrera said, as Latin America's second-largest economy teeters on the brink of a recession.

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