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Bank of Mexico "close to finishing" rate cut cycle, governor says

ReutersMar 30, 2026 2:46 PM

- The Bank of Mexico may be soon to ending its period of rate cuts, Governor Victoria Rodriguez said in an interview published on Monday, in which she defended the central bank's decision last week to cut its benchmark interest rate despite rising inflation.

"When assessing the inflation outlook and the evolution of its determinants, I believe we are close to concluding the period of adjustments to the benchmark interest rate," Rodriguez told El Financiero.

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