Bank of Mexico cuts again as growth remains sluggish


The Bank of Mexico has cut its policy rate for the fourth time this year, as inflation remains subdued and growth weak.

On December 19, the governing board voted for a 25 basis point cut, bringing the main rate to 7.25%. One board member voted instead for a 50 basis point cut.

“The weakness that economic activity has been exhibiting for several quarters is expected to persist,” the board says in its policy statement. Policy-makers called on the government to implement measures to “foster an

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!

Comments