Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns
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%. The post Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns appeared first on Mexico News Daily
We haven't written up this one. Mexico News Daily has the full story — the link below goes straight to it.
