Bank of Mexico board members open to larger rate cuts, minutes show

MEXICO CITY, Jan 9 (Reuters) - Multiple members of the Bank of Mexico's governing board are open to increasing the magnitude of cuts to the country's benchmark interest rate in future decisions, minutes from the bank's December monetary policy meeting showed on Thursday.

Banxico, as the Mexican central bank is known, lowered its benchmark interest rate by 25 basis points to 10.00% in a unanimous decision by its governing board last month.

(Reporting by Brendan O'Boyle; Editing by Kylie Madry)

((Brendan.OBoyle@thomsonreuters.com;))