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Banxico governors agree greater gradualism, caution should guide future rate decisions

ReutersJan 8, 2026 3:34 PM

- Mexico's central bank governors all agreed that greater gradualism and caution should guide future interest rate decisions, minutes from the bank's December monetary policy meeting showed on Thursday.

The minutes show that, while four of the bank's five governors voted to lower its benchmark interest rate by 25 basis points to 7.00%, with one dissenting vote to hold the rate steady, all five members urged greater caution moving into 2026.

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