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Mexico's central bank hikes

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12/14/2017 8:27:54 PM
Posted: 10 months ago
Mexico's central bank hiked borrowing costs by 25 basis points on Thursday, and said it was willing to act again whenever needed due to intensifying risks to inflation.

Banco de Mexico raised its benchmark borrowing rate to 7.25 percent, as was expected by a majority of analysts in Reuters poll.