LatinNews Daily - 19 December 2025

*Mexico’s central bank (Banxico) has lowered its benchmark interest rate by 25 basis points for the fourth consecutive time, bringing the rate to 7.0%. The bank’s governing board was divided in the vote, with deputy governor Jonathan Heath voting to hold the rate at its previous level. The rate cut comes despite an acceleration in inflation in November, which saw the annual rate rise to 3.8%. It continues a rate cutting cycle that begun in August 2024. In a statement, Banxico raised its inflation forecast for the final quarter of 2025 to 3.7%, up from a forecast of 3.5% in November. The Banxico board said it would “assess the timing of additional adjustments”, considering the effects of all determinants of inflation.

End of preview - This article contains approximately 125 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial