Mexico’s central bank holds rates steady after new NAFTA deal
|10/04/2018||Posted by BusinessMediaguide.Com under General World News||
- Mexico’s central bank held its benchmark interest rate at 7.75% on Thursday.
- Inflation has been slowing down, and a new NAFTA deal was just reached.
- Watch the Mexican peso trade in real time here.
Mexico’s central bank is held its benchmark interest rate steady Thursday in a policy announcement as inflation cools and after officials reached a breakthrough on NAFTA.
The move was in line with expectations. More than two-thirds of analysts polled by Reuters predicted the Bank of Mexico would keep its benchmark interest rate at 7.75%, the level it has been at since a quarter-percentage-point hike in June.
“Given the complex read more >>>