July 5, 2018 / 2:19 PM / in 5 months

Mexico's cenbank wary of slower inflation convergence-minutes

MEXICO CITY, July 5 (Reuters) - The board of Mexico’s central bank all thought factors hitting inflation could affect the convergence to policymakers’ 3 percent target, according to minutes released on Thursday.

Banxico board members voted unanimously to raise the country’s benchmark interest rate to a more than nine-year high of 7.75 percent on June 21.

The minutes from the meeting showed most members thought the board needed to manintain a prudent policy stance. (Reporting by Michael O’Boyle and Gabriel Stargardter)

Nuestros Estándares:Los principios Thomson Reuters
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