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The Bank of Mexico leaves its benchmark rate unchanged at 4.5%, but hints it is ready to cut in...

The Bank of Mexico leaves its benchmark rate unchanged at 4.5%, but hints it is ready to cut in future meetings as the outlook abroad has suffered. "It is estimated that the balance of risks to economic growth has continued to deteriorate." One Mexican ETF: EWW -10% YTD. (PR, in Spanish)
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