Mexico's central bank cuts interest rate for 1st time in 3 years

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Mexico's central bank cuts interest rate for 1st time in 3 years

STORY: Mexico's central bank cuts interest rate for 1st time in 3 years SHOOTING TIME: Archives DATELINE: March 22, 2024 LENGTH: 00:01:15 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Mexico City 2. various of the banks in Mexico 3. various of banknotes STORYLINE: The Central Bank of Mexico (Banxico) on Thursday reduced its benchmark interest rate for the first time in three years. The benchmark interest rate was reduced by 0.25 percentage points to 11.0 percent, the central bank said in a statement. Banxico said it made the decision due to a disinflationary process in the country, despite the presence of upside risks. According to the most recent official data, headline inflation in Mexico was 4.40 percent year-on-year through February. The reduction came a year after Banxico's five-member board raised the benchmark rate to 11.25 percent. Xinhua News Agency correspondents reporting from Mexico City. (XHTV)

  • Product Code
  • ILEA002485100
  • Registered date
  • 2024/3/22 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 76.74(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    South African Reserve Bank releases 2024 Monetary Policy Review

    STORY: South African Reserve Bank releases 2024 Monetary Policy Review SHOOTING TIME: April 24, 2024 DATELINE: April 27, 2024 LENGTH: 00:02:52 LOCATION: JOHANNESBURG, South Africa CATEGORY: ECONOMY SHOTLIST: 1. various of the meeting 2. SOUNDBITE 1 (English): LESEJA KGANYAGO, Governor of SARB 3. various of the meeting 4. SOUNDBITE 2 (English): WITNESS SIMBANEGAVI, Economic Research department of the South African Reserve Bank STORYLINE: The South African Reserve Bank (SARB) released its 2024 Monetary Policy Review on Wednesday, indicating that headline inflation is only expected to return to the mid-point of the target band in the last quarter of 2025. South Africa's inflation target range is 3 to 6 percent. The report said that amid slower-than-expected disinflation in food and volatility in fuel prices, headline inflation had fluctuated in the range of 5-6 percent over the past six months. In terms of growth, the SARB anticipates that real GDP will increase to 1.2 percent this year. SOUNDBITE 1 (Engli

      Namibia holds cultural festival to embrace diversity

      STORY: Namibia holds cultural festival to embrace diversity SHOOTING TIME: April 26, 2024 DATELINE: April 27, 2024 LENGTH: 00:02:19 LOCATION: Windhoek CATEGORY: CULTURE SHOTLIST: 1. various of the arts and cultural festival STORYLINE: A parade and display of dance, fashion, and traditional products marked the start of the annual /Ae //Gams Arts and Cultural Festival to promote cultural diversity in Windhoek, the capital city of Namibia. The two-day festival, a celebration of diversity and unity, is organized by the city of Windhoek. It brings together a rich tapestry of traditional groups, artists, and entrepreneurs, each contributing unique perspectives through traditional dances, fashion, local and international cuisine, and other products. The event was first hosted in 2001, with its last edition in 2015. The festival was revived in 2023 after the COVID-19 pandemic. Xinhua News Agency correspondents reporting from Windhoek. (XHTV)

        Pakistan rejects U.S. report on human rights practices

        STORY: Pakistan rejects U.S. report on human rights practices SHOOTING TIME: April 25, 2024 DATELINE: April 27, 2024 LENGTH: 0:00:51 LOCATION: Islamabad CATEGORY: POLITICS SHOTLIST: 1. various of Pakistan's Ministry of Foreign Affairs 2. various of Islamabad 3. various of Gaza Strip 4. various of Pakistan's Ministry of Foreign Affairs STORYLINE: Pakistan has "categorically" rejected a report by the U.S. State Department over the alleged human rights violations in the country last year, saying that only a politically motivated report can ignore the alarming situation in Gaza. "It is deeply concerning that a report purported to highlight human rights situations around the world ignores or downplays the most urgent hotspots of gross human rights violations such as in Gaza," Pakistan's Ministry of Foreign Affairs said in a statement released late Thursday. Titled "2023 Country Reports on Human Rights Practices: Pakistan," the contents of the report are unfair, based on inaccurate information, and are c

          Bank of Japan keeps interest rate unchanged, yen sinks below 156

          STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

            China builds new cylindrical FPSO

            STORY: China builds new cylindrical FPSO SHOOTING TIME: April 25, 2024 DATELINE: April 27, 2024 LENGTH: 00:01:32 LOCATION: QINGDAO, China CATEGORY: TECHNOLOGY SHOTLIST: 1. various of "Haikui No. 1" STORYLINE: A new cylindrical floating production, storage and offloading facility, designed and built by China, was delivered on Friday in China's Shandong. It marks a major breakthrough in key technologies for the construction of China's deepwater oil and gas equipment. With a maximum displacement of 100,000 tons, it can store up to 60,000 tons of oil. It can operate at sea for 15 years without returning to dock. Xinhua News Agency correspondents reporting from Qingdao, China. (XHTV)

              U.S. GDP growth slows to annual rate of 1.6 pct in Q1

              STORY: U.S. GDP growth slows to annual rate of 1.6 pct in Q1 SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 0:01:06 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Department of Commerce (April 25, 2024) STORYLINE: The U.S. gross domestic product (GDP) growth rate slowed down to an annual rate of 1.6 percent in the first quarter of this year, the U.S. Department of Commerce reported on Thursday. The latest data marks a sharp slowdown from the fourth quarter in 2023, when GDP grew by 3.4 percent, according to the Bureau of Economic Analysis. Compared to the fourth quarter, the deceleration of real GDP in the first quarter primarily reflected decelerations in consumer spending, exports, and state and local government spending and a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment. The newly released GDP estimate for the first quarter, in what was called an "advance" e

                Turkish central bank keeps policy rate unchanged at 50 pct

                STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

                  Shenzhou-18 astronauts enter space station

                  STORY: Shenzhou-18 astronauts enter space station SHOOTING TIME: April 26, 2024 DATELINE: April 26, 2024 LENGTH: 0:00:16 LOCATION: Beijing CATEGORY: TECHNOLOGY SHOTLIST: 1. the space get-together STORYLINE: The three astronauts aboard China's Shenzhou-18 spaceship have entered the country's space station and met with another astronaut trio on Friday, starting a new round of in-orbit crew handover. The Shenzhou-17 crew opened the hatch at 5:04 a.m. (Beijing Time). The three space station occupants greeted the new arrivals, and they took group pictures. The space get-together of the two crews kicked off the fourth in-orbit crew rotation in China's space station. According to the China Manned Space Agency, the six astronauts will live and work together for about 5 days to complete planned tasks and handover work. Xinhua News Agency correspondents reporting from Beijing. (XHTV)

                    13 dead in central Senegal road accident

                    STORY: 13 dead in central Senegal road accident SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 00:00:52 LOCATION: Dakar CATEGORY: OTHERS SHOTLIST: 1. various of the accident site STORYLINE: Thirteen people were killed and around 40 others were injured in a traffic accident in central Senegal Thursday evening, local media reported. The accident happened at around 7:00 p.m. local time on National Road No. 1, near the village of Yamong in the Kaffrine region, reported the Senegalese Press Agency, citing a security source. The accident was caused by the overturning of a transport bus after one of its tires burst, the report quoted the source as saying. The Senegalese government implemented several measures last year to combat traffic accidents following a series of deadly accidents. Xinhua News Agency correspondents reporting from Dakar. (XHTV)

                      Italy marks Liberation Day with tighter security

                      STORY: Italy marks Liberation Day with tighter security SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 00:00:43 LOCATION: Rome CATEGORY: POLITICS SHOTLIST: 1. various of celebrations in Rome STORYLINE: Italy marked the 79th anniversary of its liberation from fascism on Thursday with pomp and circumstance, and tighter security. The celebrations included the traditional laying of a laurel wreath at the Altar of the Fatherland in Rome's Piazza Venezia by President Sergio Mattarella. Prime Minister Giorgia Meloni and the presidents of both chambers of the Parliament and various other dignitaries were also on hand for the wreath-laying. Events to mark the Liberation Day also took place in other cities across the country, including the financial and fashion hub Milan, Florence, the canal city of Venice, and Naples. All the events took place amid heightened security. Xinhua News Agency correspondents reporting from Rome. (XHTV)