Mexico Unexpectedly Cuts Key Rate to 6.25% for ‘Extended Period’

Mexico's central bank cut its key interest rate to 6.25% and said it will maintain that level for "an extended period." The rate reached its lowest level in four years. The central bank did not provide a specific timeline for when rates might change.

• Bloomberg — Mexico Unexpectedly Cuts Key Rate to 6.25% for ‘Extended Period’

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