Mexican inflation was close to a 15-month high during the first half of September, authorities said on Thursday, feeding speculation that the central bank will make a smaller rate cut at a monetary policy meeting later in the day.
Consumer prices were up 4.10% in the year through the first two weeks of the month, the national statistics agency said. That was just below a 4.11% rise in prices in the final half of August, the biggest jump since May 2019.
The Banco de Mexico is expected to cut the benchmark interest . . .