Mexico's central bank interest rate remains unchanged

MEXICO CITY -- Mexico's central bank is leaving its benchmark interest rate unchanged at 8.25 percent in a continued bid to fight both inflation and slowing growth.

Free Spanish LessonsThe bank says the world financial crisis is having a ''particularly intense'' impact on emerging economies.

It said Friday that talk of global recession is already slowing growth in Mexico, although it expects inflation may rise in the fourth quarter as energy subsidies are phased out.

 

 

 

 

 




 

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