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Is the Bank of Mexico Ready to Cut Record-High Rates? | Presented by CME Group
Posted
February 8, 2024
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February 8, 2024
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1:08Now PlayingMexico’s recordhigh interest rates are coming under increasing scrutiny from analysts and investors as other central banks in the region begin loosening monetary policy. Banxico has now kept its key interest rate at 11.25% for five straight policy meetings, despite a steady moderation in the country’s inflation rate. What’s behind the hawkish outlook of Mexico’s central bank? Presented by @cmegroup
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