Banxico to Pause Rate Cuts in May

Citi survey predicts Banco de México will pause interest rate cuts in May at 6.75%, resuming reductions in June. Analysts expect inflation at 4.23% by year-end and GDP growth of 1.4% in 2026.

PRI Proposes Eliminating Banking Commissions

PRI coordinator Rubén Moreira proposes eliminating banking commissions on savings and payroll accounts, including charges for opening, management, withdrawals, and consultations, to protect vulnerable sectors.

Banxico cuts interest rate, lowering CETES yields

Mexico's central bank cut interest rates to 6.75%, causing a general decline in Treasury Certificate (CETES) yields across all terms.