What is the sound of one piston slapping?
What is the sound of one piston slapping?

Today Mexico’s central bank, lowered interest rates by 25bp.

While they remain at 8%, they seem to be preparing for a serious economic slowdown, because Mexico’s central bank normally doesn’t mess with interest rates. Last time they lowered them was five years ago.

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Illustration for article titled [Economics]

Many alarm bells are being rung across the world. Are we headed into another financial crisis?

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