Mexicos Central Bank Cuts Interest Rate to 10.25% Amid Economic Shifts

Mexico’s central bank, Banco de México (Banxico), has reduced its benchmark interest rate by 25 basis points to 10.25%. This marks the third consecutive rate cut of the same magnitude. The decision comes after a pause during the summer due to inflationary pressures and local currency volatility following Mexico‘s elections. The rate cut occurs against […]

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