They Expect Banxico to Reduce Rate to 7.25% Next Week

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The Bank of Mexico would again cut the key interest rate in its decision next week, in the midst of a slowdown in inflation and weak economic performance, showed a Reuters poll this Friday. According to the consultation, 24 of a total of 25 economic analysts expect the authority to decrease the interbank rate by a quarter of a percentage point to place it at 7.25%, in what would be its twelfth reduction in the cost of credits since it began a cy…