Mexico City, Nov 5, 2026 (AFP) - Mexico central bank cuts key rate to 6.25 percent

NAMPA / AFP

2026-11-05

The central Banco de Mexico lowered its benchmark interest rate by a quarter percentage point on Thursday, citing reduced economic pressure and inflation. The new rate of 6.25 percent is expected to be maintained "for a prolonged period" after the bank refused to cut rates in August and September. The central bank's policy-setting governing board said in a statement that "no demand-side economic pressures are currently felt and the grade of mone......

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