August 29, 2019 / 2:40 PM / 20 days ago

Mexico cenbank board member Guzman was lone vote to hold rates steady-minutes

MEXICO CITY, Aug 29 (Reuters) - Mexico central bank deputy governor Javier Guzman was the sole board member who voted to hold the Bank of Mexico’s benchmark interest rate steady at 8.25% on Aug. 15, minutes of the last monetary policy meeting showed on Thursday.

The other four board members voted to cut the rate to 8.0%, the first reduction since June 2014, as they cited slowing inflation and increasing slack in the economy. (Reporting by Mexico City Newsroom Editing by Dave Graham)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below