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Global economic growth is projected to slow this year, largely due to U.S. tariffs imposed under President Donald Trump, according to a major international policy body. The Organization for Economic Co-operation and Development (OECD) has revised its global growth forecast down to a “modest” 2.9%, from an earlier estimate of 3.1%. The group cited a…
Bank of Mexico Reduces Interest Rate Again Amid Growing Economic Uncertainty The Bank of Mexico, also known as Banxico, announced a 50-basis-point cut to its benchmark interest rate on Thursday, marking the third consecutive reduction in a series of monetary easing moves. This decision brings the key rate down to 8.50%, a level not seen…
