Mexico central bank head - too early to talk about rate cuts next year

Mexico's central bank head Carstens says it is premature to be talking about reducing rates in the first 6-9 months of next year

  • Says with the information we have up to today it is likely we will pause in next monetary policy meeting
  • Says the pause may last, but to anticipate that early next year we will start reducing rates, that is running too far ahead
  • The board has not been discussing that

Carstens in a Reuters interview

USD/MXN had been dribbling lower ahead of these headlines:

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