Bank of Mexico lowers key interest rate to 9.50%
ReutersFeb 6, 2025 7:06 PM
MEXICO CITY, Feb 6 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 50 basis points to 9.50% on Thursday as inflation cools, saying it could cut by a similar magnitude at future monetary policy meetings.
The decision by the central bank's five-member governing board was not unanimous.
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