May 14, 2020 / 6:21 PM / 17 days ago

RPT-Mexico central bank cuts rates to 5.5%, virus impact seen bigger in Q2

(Repeats to additional subscribers)

MEXICO CITY, May 14 (Reuters) - The Mexican central bank’s five-member governing board unanimously voted on Thursday to cut its key interest rate by 50 basis points to 5.50%, warning the impact of the coronavirus pandemic will be felt more strongly in the second quarter. (Reporting by Mexico City Newsroom;)

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