Bank of Mexico Holds Interest Rate, Drops Signal of Prolonged Pause
6 Articles
6 Articles
The Bank of Mexico has announced this Thursday that it will keep the interest rate unchanged at 6.50%. The central bank has not changed its monetary policy since May, at the close of a cycle of cuts that had begun in April 2024. The Government Board has evaluated the rate of inflation and has unanimously opted to leave the reference rate unchanged. “The Government Board evaluated the inflationary landscape. It valued the exchange rate behavior, …
Bank of Mexico holds interest rate, drops signal of prolonged pause ...
Banxico keeps the interest rate unchanged The Bank of Mexico (Banxico) decided to keep the target interest rate on Thursday, September 24, at 6.50%, in a unanimous decision of its Governing Board. With this, the rate remains at the same level as the central bank evaluates the behavior of inflation, [...] The post Banxico maintains interest rate at 6.5% and discards reacting automatically to the Fed first appeared on Snakes and Stairs.
CDMX.- The Bank of Mexico (Banxico) maintained its interest rate at 6.50% for the third time in a row, as expected by the consensus of analysts.
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