Banxico Cuts to 6.50% and Closes Two-Year Easing Cycle

The Banco de México (Banxico) cut its benchmark interest rate by 25 basis points to 6.50% on May 7 in a split 3-2 vote and explicitly closed the easing cycle it began in March 2024, after 14 consecutive reductions taking the rate down 475 basis points from the 11.25% peak. Governor Victoria Rodríguez Ceja and […] The post Banxico Cuts to 6.50% and Closes Two-Year Easing Cycle appeared first on The Rio Times .

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