Mexico's Central Bank Slashes 2024 GDP Growth Forecast to 1.5%

The Mexican central bank made an unexpected announcement, lowering the gross domestic product (GDP) growth forecast for the country in 2024 to 1.5%. This decision was made in light of the reassessment of economic conditions and the uncertainties surrounding the global economic situation. Previous forecasts anticipated growth at 2%, but current pressures on the nation’s economy, arising from various circumstances, prompted this revision.

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