Banxico keeps interest rates unchanged at 6.50% as expected

Banxico keeps interest rates unchanged at 6.50% as expected

The Bank of Mexico, also known as Banxico, held rates unchanged at 6.50% for the third consecutive meeting, unanimously as expected by most analysts, after ending its easing cycle in May. In the monetary policy statement, the Governing Board revealed that the balance of risks on inflation is tilted to the upside, and that  “Looking […]