Mexico central banker eyes 1 to 2 rate cuts as inflation eases
MEXICO CITY, Aug 16 (Reuters) -Bank of Mexico deputy governor Jonathan Heath sees the possibility of one to two benchmark interest rate cuts on the horizon as inflation eases, the central banker said at an event on Friday according to local media outlet Expansion.
Heath said that "the moment is already around the corner when we can lower rates more systematically." Banxico, as the central bank is also known, cut its interest rate in a split decision by 25 basis points to 10.75% last week.
Reporting by Ana Isabel Martinez; Editing by Anthony Esposito
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