Mexico holds rates

Mexico holds rates

Mexico Economy & Policy Corporate & Sovereign Strategy

Mexico’s central bank has unanimously decided to leave its benchmark interest rate on hold at 7%, in line with the broad market consensus. Forward guidance did not change and the bank will continue to monitor the determinants of inflation and medium- and long-term expectations “very closely,” the central bank said in a statement. It also said it would remain vigilant so as to ensure its prudent stance in order to strengthen medium- and long-term inflation expectations. The decision to hold confi

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