Mexico cenbank decision to hold rates was unanimous-minutes

viernes 9 de mayo de 2014 10:10 GYT
 

MEXICO CITY May 9 (Reuters) - Mexico's central bankers were unanimous in their decision to hold interest rates at a record low last month, with the majority signaling risks to growth remain but have improved slightly, minutes released on Friday showed.

Central Bank board members voted 5-0 at their April 25 meeting to hold their benchmark rate at 3.50 percent, citing tame consumer price rises.

Mexico's central bank cut interest rates three times last year to juice growth which sagged to a four-year-low of 1.1 percent and is expected to pick up to around 3 percent in 2014. (Reporting by Alexandra Alper and Christine Murray)