Latin American currencies tumbled and stocks joined a global selloff Monday on speculation that the region's economic contraction will deepen as Chinese growth slows down.
Mexico has been held up as one of the economic bright spots among emerging market economies. But in recent months, Mexican newspapers have kept running banner headlines of economic gloom.
MEXICO CITY — Mexican policymakers were unanimous in their decision to keep the key interest rate unchanged at a record low last month, with the majority warning against raising rates before the Federal Reserve.
