UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts
Mexico’s central bank on
Thursday lowered its benchmark interest rate to the lowest in
3-1/2 years, hinting more cuts could be on the horizon and
warning the coronavirus pandemic’s effects will be felt more
strongly in the second quarter.
Thursday lowered its benchmark interest rate to the lowest in
3-1/2 years, hinting more cuts could be on the horizon and
warning the coronavirus pandemic’s effects will be felt more
strongly in the second quarter.
Posted by Reuters
