Mexico's Central Bank May Keep Interest Rates Unchanged as Economy Slows

(Bloomberg) -- Mexico's central bank will probably
keep its overnight lending rate unchanged today after reports on
retail sales and industrial production signaled economic growth
may be slowing more than expected.

Policy makers will hold the benchmark rate at 7.25 percent,
according to 17 of 21 economists surveyed by Bloomberg. The bank
raised rates for the first time in almost two years in April as
a ``preventive'' measure and kept a ``restrictive bias'' last
month.


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