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KM Financial Solutions | UPDATE 4-Flagging weaker growth, Mexico central bank cuts interest rate again
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UPDATE 4-Flagging weaker growth, Mexico central bank cuts interest rate again

12 Feb UPDATE 4-Flagging weaker growth, Mexico central bank cuts interest rate again

Posted at 21:27h in News by
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Mexico’s central bank cut
its benchmark interest rate on Thursday for a fifth straight
meeting, lowering it 25 basis points to 7.0% as expected, amid a
backdrop of a stagnating economy and slightly above-target
headline inflation.

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