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KM Financial Solutions | UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts
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UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts

13 May UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts

Posted at 19:56h in News by
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Mexico’s central bank on
Thursday lowered its benchmark interest rate to the lowest in
3-1/2 years, hinting more cuts could be on the horizon and
warning the coronavirus pandemic’s effects will be felt more
strongly in the second quarter.

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