Mexican central bank lowers key interest rate for 4th consecutive time

NAMPA / Xinhua
2024-12-20
MEXICO CITY, Dec. 19 (Xinhua) -- The Central Bank of Mexico (Banxico) announced its fourth consecutive interest rate cut on Thursday, lowering the overnight interbank interest rate target by 25 basis points to 10.0 percent. The decision, made unanimously by Banxico's Governing Board, reflects expectations for a continued decline in inflation. "Looking ahead, it anticipates that the inflationary environment will allow for further reductions......
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SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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