MNI BANXICO WATCH: Banxico Drops Pause Signal, Data-Dependent

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Sep-24 21:29By: Larissa Garcia
BanxicoMexico

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The Central Bank of Mexico dropped forward guidance indicating a pause in its rate-cutting cycle at upcoming meetings as it held its interest rate at 6.50% on Thursday, while emphasizing that it would not react mechanically to the Federal Reserve's r...