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Mexico’s Finance Chief Says It Makes Sense to Expect Rate Cuts

  • Mexico has one of world’s highest real interest rates: Herrera
  • Herrera reiterated respect for the central bank’s autonomy
Arturo Herrera 

Arturo Herrera 

Photographer: Alejandro Cegarra/Bloomberg

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Mexico has one of the highest real interest rates in the world and it would be “understandable” to expect more cuts by the central bank, Finance Minister Arturo Herrera said in an interview.