Central Banks

Mexico’s Central Bank Looks to Easing Amid US Tariff Pressure

Why Trump Tariffs on Canada, Mexico May Never Come
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Mexican central bank policymakers pledged to continue monetary policy easing despite the uncertainty generated by the US proposal to implement tariffs on all of Mexico’s exports.

Several members spoke of a “new stage” of monetary policy in which changes could be made quickly to bring inflation closer to the bank’s 3% target. Some members specified they could consider another half-point cut at the bank’s next decision in March, according to the minutesBloomberg Terminal of the bank’s Feb. 6 decision released Thursday.