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Bank of Mexico Keeps Interest Rates Unchanged

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MEXICO CITY—The Bank of Mexico held its benchmark interest rate steady for a second consecutive meeting as inflation eased further and said it plans to keep the rate at its current level for a prolonged period.

The central bank’s five-member board of governors voted unanimously Thursday to hold the overnight interest-rate target at 11.25%, as widely expected. 

Numerous…



MEXICO CITY—The Bank of Mexico held its benchmark interest rate steady for a second consecutive meeting as inflation eased further and said it plans to keep the rate at its current level for a prolonged period.

The central bank’s five-member board of governors voted unanimously Thursday to hold the overnight interest-rate target at 11.25%, as widely expected. 

Numerous…

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