UPDATE 1-Mexico central bank cuts rates to 5.5%, virus impact seen bigger in Q2
The Mexican central bank’s
governing board unanimously voted on Thursday to cut the key
interest rate to the lowest level since December 2016, warning
the impact of the coronavirus pandemic will be felt more in the
second quarter.
governing board unanimously voted on Thursday to cut the key
interest rate to the lowest level since December 2016, warning
the impact of the coronavirus pandemic will be felt more in the
second quarter.
Posted by Reuters
