Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns
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The central bank's majority opted for a balancing act, cutting the interest rate from 6.5% to 6.25% as an ecoomy boost, while assuming that recent brakes on inflation will hold, despite raising their 4Q headline inflation forecast from 3.5% to 3.7%.
Read the full articleThe post Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns appeared first on Mexico News Daily
Read the full articleThe post Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns appeared first on Mexico News Daily
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