National

Banxico's Cuadra argues for further rate holds

MEXICO CITY - Mexico Central Bank Deputy Governor Gabriel Cuadra argued that the monetary authority should hold its benchmark interest rate further at 6.50% in light of a complex inflation outlook, he said in an interview published on Wednesday.

The timing of any rate adjustment is not predetermined and will depend on how inflation evolves, he added in the interview with local outlet Bloomberg Linea.

(Reporting by Raul Cortes; Editing by Aida Pelaez-Fernandez)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 17, 2026 at 8:35 AM.

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