Banxico seen cutting rates to 7.50% in September – Reuters
All 24 economists surveyed expect Banxico to lower rates despite inflation ticking up to 3.57% in August. Bank of America notes Banxico could ease more aggressively if Fed cuts continue and Dollar weakness persists. Banco de Mexico (Banxico), Mexico’s central bank is expected to reduce its main reference rate by 25 basis points to 7.50% …
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