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Mexico's Central Bank Keeps Benchmark Rate at 6.50% on June 25, Cites Inflation Risks

2026-07-09 16:29:31

According to its June 25 monetary policy meeting minutes, Mexico's central bank Banxico kept its benchmark interest rate at 6.50% unchanged. The policy committee stated that maintaining the current rate remains appropriate given near-term economic challenges. Most Banxico board members indicated inflation risks remain tilted to the upside, though recent price declines were driven by non-core inflation components.

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