Mexico's central bank lowers key interest rate amid U.S.-caused uncertainty


  • World
  • Friday, 28 Mar 2025

MEXICO CITY, March 27 (Xinhua) -- The Central Bank of Mexico (Banxico) said Thursday it will again lower the benchmark interest rate amid the uncertainty generated by the changing economic policy in the United States.

Banxico's five-member Governing Board unanimously agreed to reduce the target overnight interbank interest rate by 50 basis points, to 9 percent, the bank said in its monetary policy statement.

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