Mexico City, Feb 6, 2025 (AFP) - Mexico cuts key interest rate amid US tariff tensions

NAMPA / AFP

2025-02-06

Mexico's central bank on Thursday announced a half-percentage-point cut to its benchmark interest rate, to 9.5 percent, noting growing concerns about US President Donald Trump's tariff threats. "Given the escalating trade tensions, global risks have increased," the Bank of Mexico said in a statement. Trump on Saturday announced 25-percent tariffs on goods from neighboring Mexico, accusing the country of failing to tackle illegal migration and dru......

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