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Published on Friday, June 6, 2014 | Updated on Monday, June 9, 2014

Unexpectedly, Banxico cuts fondeo rate in 50bp to 3.0% as economic slack increases

The surprising rate cut suggests that the central bank considers that the economic slack will prevail for longer and that inflation will remain under control.

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140606_FlashBanxicoMexico_Reunion Spanish June 6, 2014
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140606_FlashBanxicoMexico_Reunion_eng English June 6, 2014
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