• 09/22/2024

Bank of Mexico in No Hurry to Start Cutting Rates, Minutes Show

Wall Street Journal

The Bank of Mexico will likely keep interest rates on hold for a prolonged period to allow tight monetary conditions to work on bringing inflation down further, according to minutes of the central bank’s May meeting.

https://www.wsj.com/articles/bank-of-mexico-in-no-hurry-to-start-cutting-rates-minutes-show-7fd64394