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(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.“In principle, with the expectations that we have and the projections which we have made public, I think there is space for at least two,” Esquivel said when asked if there could be more than one reduction this year.He added that whether the cuts happen or not will depend on “reality,” such as whether inflation meets the central bank’s forecasts.Read More: Mexico’s Unanimous Rate Cut Revives Bets of More EasingA cut is possible in March, Esquivel said, but the board will need to be “careful” about headline inflation, which will likely

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