The relocation of strings o’nearshoring‘ “it’s happening” and it already benefits three out of 10 mexican companies with an increase in its production in the first quarter of 2023, the Bank of Mexico (Banxico) estimated this Thursday. “Regarding impacts that have already materialized, 30.7% of the companies mention having signed new contracts with foreign companies […]
Tag: central bank of Mexico
Banxico faces uncertainty ahead of meeting, according to governor
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/B3UB3K3WONFUFABX3XGYL7TYEQ.jpg?fit=%2C&ssl=1)
Mexico’s central bank’s next monetary policy decisions will be data-driven and dependent on any additional price shocks, Governor Alejandro Díaz de León said, indicating that policymakers are not committed to an established path for Interest rates. “We are neither pointing in a certain direction nor ruling out any direction”, Diaz de León said in a […]