Mexico central bank holds interest rate at 3 pct as expected
MEXICO CITY, Sept 5 (Reuters) - Mexico's central bank kept interest rates on hold on Friday, highlighting a welcome pickup in economic growth, but pointed to greater risks to inflation in the short-term.
The Banco de Mexico maintained its benchmark interest rate at a record low of 3.00 percent, as expected by analysts polled by Reuters, after policymakers surprised markets by delivering a 50 basis point cut in June. (Reporting by Alexandra Alper, Dave Graham, Simon Gardner and Gabriel Stargardter)
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