Banco de Mexico (Banxico) reduced borrowing costs by 25 basis points on Thursday, as expected by market participants, from 6.75% to 6.50%, even though the central bank revealed that the “balance of risks for the trajectory of inflation within the forecast horizon remains biased…
Cuts Banxico Rates 25 Bps to 6.50% as Expected
Banco de Mexico (Banxico) reduced borrowing costs by 25 basis points on Thursday, as expected by market participants, from 6.75% to 6.50%, even though the central bank revealed that the “balance of risks for the trajectory of inflation within the forecast horizon remains biased...</strong