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The Pesky Toad

The Pescadero Perspective
finance El Sudcaliforniano 2026-06-25

Banxico Holds Interest Rate at 6.50%; Inflation Target Expected by 2027

Mexico's central bank, Banxico, has decided to keep the benchmark interest rate steady at 6.50%. The bank's projections indicate that the general inflation target of 3% is not expected to be reached until the second quarter of 2027.

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