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Feb 6 • 10:53 UTC • 🇲🇽 Mexico • El Financiero (ES)

Banxico pauses rate cuts and expects higher inflation

The Board of Governors of the Bank of Mexico (Banxico) has paused its interest rate cuts, maintaining the rate at 7.0 percent while revising its inflation expectations to a convergence goal of 3.0 percent by 2027.

#banxico #inflation #interest rates #mexico
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