Central Banks

Banxico Has Room for More Interest Rate Cuts, Deputy Governor Says

Galia Borja at the central bank headquarters in Mexico City on Feb. 24. — Galia Borja at the central bank headquarters in Mexico City on Feb. 24.Photographer: Alejandro Cegarra/Bloomberg

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By Alex Vasquez

February 25, 2026 at 1:00 PM UTC

Lea en español

Mexico’s central bank has room for more interest rate cuts due to the feeble domestic economy and stronger currency, a board member said weeks after policymakers paused their lengthy easing cycle.