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Mexico's central bank will lower its key interest rate to 7% at its meeting on December 18, according to a Reuters poll of economists who were almost evenly split on whether policymakers will follow through with another cut early next year.
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year.
After the Federal Reserve cut interest rates on Wednesday, other influential central banks are making monetary-policy decisions next week: Thursday, Dec. 18 The Bank of England is forecast to cut by 0.
Mexico's economy is solid and resilient, central bank chief Victoria Rodriguez said in a financial stability report on Wednesday, even as domestic financial risks increased.
Saylor’s bitcoin based monetary engine built on reserves, credit and digital money that could act like a stablecoin, supported by a plan to buy and hold bitcoin at scale.
Ecuador central bank chief Guillermo Avellán announced his resignation Tuesday, saying he would leave the job more than a year before the end of his term to pursue other professional opportunities.
Brazil's central bank held interest rates at a nearly two-decade high on Wednesday for the fourth straight meeting and stuck to its hawkish tone, frustrating investors hoping for hints on when it might start cutting rates as economic activity loses steam.