UPDATE 4-Flagging weaker growth, Mexico central bank cuts interest rate again
Mexico’s central bank cut
its benchmark interest rate on Thursday for a fifth straight
meeting, lowering it 25 basis points to 7.0% as expected, amid a
backdrop of a stagnating economy and slightly above-target
headline inflation.
its benchmark interest rate on Thursday for a fifth straight
meeting, lowering it 25 basis points to 7.0% as expected, amid a
backdrop of a stagnating economy and slightly above-target
headline inflation.
Posted by Reuters
