Inflation Pickup Could Keep Bank of Mexico on Hold -- Market Talk

Dow Jones03-25

1427 ET - The above-consensus rise in Mexican inflation in mid-March, due in large part to a jump in tomato prices, is likely to keep the Bank of Mexico on hold this week, analysts and Grupo Financiero Banorte say in a note. CPI rose 0.62% in the first half of the month, pushing the annual inflation rate up to 4.63% from 4.13% in the second half of February. Annual core inflation was steady at 4.46%. "We believe this result, combined with a complex outlook for inflation due to the conflict in the Middle East and other factors, will lead Banxico to extend the pause in its rate-cutting cycle," leaving its benchmark rate at 7%, they say. The central bank's rate decision is scheduled for Thursday. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 14:27 ET (18:27 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2622181097?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-25 02:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2622181097","market":"sg","top_or_hot":-1,"title":"Inflation Pickup Could Keep Bank of Mexico on Hold -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1427 ET - The above-consensus rise in Mexican inflation in mid-March, due in large part to a jump in tomato prices, is likely to keep the Bank of Mexico on hold this week, analysts and Grupo Financiero Banorte say in a note. CPI rose 0.62% in the first half of the month, pushing the annual inflation rate up to 4.63% from 4.13% in the second half of February. Annual core inflation was steady at 4.46%. \"We believe this result, combined with a complex outlook for inflation due to the conflict in the Middle East and other factors, will lead Banxico to extend the pause in its rate-cutting cycle,\" leaving its benchmark rate at 7%, they say. The central bank's rate decision is scheduled for Thursday. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 14:27 ET (18:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation Pickup Could Keep Bank of Mexico on Hold -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation Pickup Could Keep Bank of Mexico on Hold -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-25 02:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1427 ET - The above-consensus rise in Mexican inflation in mid-March, due in large part to a jump in tomato prices, is likely to keep the Bank of Mexico on hold this week, analysts and Grupo Financiero Banorte say in a note. CPI rose 0.62% in the first half of the month, pushing the annual inflation rate up to 4.63% from 4.13% in the second half of February. Annual core inflation was steady at 4.46%. \"We believe this result, combined with a complex outlook for inflation due to the conflict in the Middle East and other factors, will lead Banxico to extend the pause in its rate-cutting cycle,\" leaving its benchmark rate at 7%, they say. The central bank's rate decision is scheduled for Thursday. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 14:27 ET (18:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622181097","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622181097","pubTimestamp":1774376820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1427 ET - The above-consensus rise in Mexican inflation in mid-March, due in large part to a jump in tomato prices, is likely to keep the Bank of Mexico on hold this week, analysts and Grupo Financiero Banorte say in a note. CPI rose 0.62% in the first half of the month, pushing the annual inflation rate up to 4.63% from 4.13% in the second half of February. Annual core inflation was steady at 4.46%. \"We believe this result, combined with a complex outlook for inflation due to the conflict in the Middle East and other factors, will lead Banxico to extend the pause in its rate-cutting cycle,\" leaving its benchmark rate at 7%, they say. The central bank's rate decision is scheduled for Thursday. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"通胀上升可能会让墨西哥央行按兵不动——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"1427 ET - The above-consensus rise in Mexican inflation in mid-March, due in large part to a jump in tomato prices, is likely to keep the Bank of Mexico on hold this week, analysts and Grupo Financiero Banorte say in a note. CPI rose 0.62% in the first half of the month, pushing the annual inflation rate up to 4.63% from 4.13% in the second half of February. Annual core inflation was steady at 4.46%. \"We believe this result, combined with a complex outlook for inflation due to the conflict in the Middle East and other factors, will lead Banxico to extend the pause in its rate-cutting cycle,\" leaving its benchmark rate at 7%, they say. The central bank's rate decision is scheduled for Thursday. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2026 14:27 ET (18:27 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622181097","isCrawlerRequest":true}