Mexican Inflation Expected to Hit Four-Year Low

The central bank is widely expected to keep its benchmark interest rate unchanged, extending a pause on borrowing cost adjustments that first took hold in June. This decision reflects a delicate balancing act for policymakers, who must weigh the relief provided by cheaper staples against the typical summer surge in vacation-related expenditures. While tourism prices have climbed, the overall trajectory suggests that inflationary pressures are finally losing their grip on the national economy.