Mexico’s Inflation Trends Influence Interest Rate Decisions
Matthew Walker2024-12-20T10:19:49-05:00December 20, 2024 Mexico's central bank lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday, signaling that larger rate cuts could be considered in future meetings due to progress on inflation in Latin America's second-largest economy. The unanimous decision by the Bank of Mexico's five-member governing board marks the fifth rate