Mexico’s Fifth Central Bank Rate Cut Since Last August

The Governing Board of the Mexico has just reduced its overnight interbank interest rate to a 3-year low of 7.0% from 7.25%. Four prior cuts in 2019 were made in August, September, November and December — each by 25 basis points as well. That reverses half of 250 basis points of tightening in 2017-2018. A […]

* This article was originally published here