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Markets are expected to closely watch for signals that the central bank’s thinking on future cuts is shifting, as its urgency to support growth is ebbing, they said.

Individual investors also showed signs of ebbing confidence.

Hiring had moderated, wage gains were uneven, and the postpandemic excess demand for workers was ebbing.

The number of Mexican residents, both authorized and unauthorized, reached a high of nearly 13 million in 2007 before ebbing due to an improved economy in Mexico, a recession in America and enhanced border security.

Leafy speaks for all of the author’s blundering characters when, at one low ebb, he sums himself up as “an aristocrat of pain and frustration, a prince of anguish and embarrassment.”