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Mexico central bank expects further rate cuts, governor says

ReutersMay 7, 2025 2:22 PM

- Mexican central bank governor Victoria Rodriguez expects further cuts to the benchmark interest rate if inflation holds steady as expected, she told Reuters.

"We foresee that the inflationary environment will allow us to continue with the cycle of cuts to the reference rate," Rodriguez said in written comments late on Tuesday.

However, the uncertain business environment and a potential U.S. slowdown suggest that Mexico's economy could remain sluggish through 2025, she cautioned.

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