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Feb 5 • 19:02 UTC • 🇲🇽 Mexico • Milenio (ES)

Banxico stops interest rate cuts; maintains rate at 7% in first announcement of the year

The Bank of Mexico (Banxico) decided to halt its interest rate cuts, keeping the rate steady at 7% in its first monetary policy decision of the year following a rise in inflation in early January.

#banxico #interest rates #inflation #monetary policy #mexico
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