Feb 13 2021, 4:45 PM
February 13 2021, 2:24 AM
February 13 2021, 4:45 PM
(Bloomberg) Mexico could have space for at least two more interest rate cuts in 2021 if inflation stays in line with expectations, central bank Deputy Governor Gerardo Esquivel told Bloomberg News on Friday.
(Bloomberg) Mexico could have space for at least two more interest rate cuts in 2021 if inflation stays in line with expectations, central bank Deputy Governor Gerardo Esquivel told Bloomberg News on Friday.
The bank, known as Banxico, cut for the 12th time since August 2019 this week, bringing the benchmark rate to 4%. The unanimous decision led economists to expect more easing in the coming months.