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Banco De Mexico Holds Interest Rate Target At 4.50%
The Banco de Mexico held its overnight interest rate target steady at 4.50%. The Bank said [Google Translated]: ”From the foregoing, the Governing Board considers that the current stance of monetary policy is conducive to achieving the goal of permanent inflation of 3%, so we decided to keep unchanged the target for the interbank interest rate one day. [...]
The Banco de Mexico held its overnight interest rate target steady at 4.50%. The Bank said [Google Translated]: ”From the foregoing, the Governing Board considers that the current stance of monetary policy is conducive to achieving the goal of permanent inflation of 3%, so we decided to keep unchanged the target for the interbank interest rate one day. Going forward, the Board will remain attentive to the prospects for growth of the Mexican economy, inflation and financial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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