Bank of Mexico says it will consider further cuts to interest rate
ReutersOct 9, 2025 3:11 PM
MEXICO CITY, Oct 9 (Reuters) - The Bank of Mexico said it will assess further cuts to the interest rate, according to minutes of the central bank's meeting released on Thursday.
Last month, Banxico, as the central bank is known, cut its benchmark interest rate to 7.5%, its lowest level since May 2022.
The five-member board said it took into account the behavior of the exchange rate, the weakness of economic activity, and the possible impact of changes in trade policies worldwide.
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