Radar Telegram alerts Open Radar

Mexico's central bank unexpectedly cut its interest rate by 0.25 percentage points to 6.25% for the year, hitting a four-year low. According to Bloomberg, the regulator intends to keep the figure at this level for a long time. Despite the acceleration of inflation in the country to 3.62% at the beginning of October, the central bank's board notes a cooling in core inflation and the economy is operating below its potential. Against the backdrop of the decision to ease monetary policy, the Mexican peso fell sharply.

תרגם לעברית

Кролик с Неглинной · · Source

🇲🇽 Mexico · Map

Mexico's central bank unexpectedly cut its interest rate by 0.25 percentage points to 6.25% for the year, hitting a four-year low. According to Bloomberg, the regulator intends to keep the figure at this level for a long time. Despite the acceleration of inflation in the country to 3.62% at the beginning of October, the central bank's board notes a cooling in core inflation and the economy is operating below its potential. Against the backdrop of the decision to ease monetary policy, the Mexican peso fell sharply.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram