MNI WATCH: Banxico To Decelerate Rate Cuts Pace To 25BP

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Aug-04 18:00By: Larissa Garcia
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The Central Bank of Mexico is expected to decelerate the pace of its easing cycle Thursday and cut the overnight interbank interest rate by 25 basis points to 7.75%, following four consecutive 50-basis-point moves. Banxico Deputy Governor Omar Mejia...