Bank of Mexico Policy Unchanged

January 15, 2010

The central bank as expected left its overnight interbank funding rate steady at 4.5%, where such has been since mid-July.  Seven cuts totaling 375 basis points from a peak of 8.25% were implemented in 2009: 50 bps in January, 25 bps in February, 75 bps in March, April and May, 50 bps in June and […] More