The Bank of Mexico hiked its benchmark interest rate by 25
basis points to 11.25% at that meeting, moderating the pace of a
tightening cycle that began in mid-2021.
(Reporting by Brendan O'Boyle; Editing by Anthony Esposito)
MEXICO CITY, April 13 (Reuters) - The board of the
Mexican central bank struck a more dovish tone at its March 29
monetary policy meeting, minutes from the meeting showed on
Thursday, saying its next interest rate decision will consider
the monetary policy stance already attained.
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