Mexico’s central bank cut its benchmark rate by 25 basis points to 6.25% on November 5 in a 3-2 vote, calling it a one-off adjustment as the peso fell 0.7% and headline inflation ticked higher.
Tag: central bank
Posted inEconomy
Pakistan Raises Policy Rate to 12% as Fuel Costs Triple Inflation
The State Bank of Pakistan lifted its benchmark rate by 50 basis points to 12% on October 26, citing energy and food cost pressures that have pushed headline inflation above 11%.