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national El Financiero 2026-03-28

Banxico's Rate Cut Decision Raises Questions on Congruence with Mandate

Mexico's central bank, Banxico, announced a 25 basis point cut in its interest rate, sparking debate on the decision's alignment with its mandate. The move, which brought the benchmark rate to 6.75%, was taken by a majority of 3 votes to 2. Analysts had predicted a maintenance of the status quo, but the decision is seen as a response to geopolitical tensions and rising inflation expectations.

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