Banxico will hold benchmark rate at 6.50% after September meeting

Banxico will keep the target for the overnight interbank interest rate unchanged at 6.50% on September 24, 2026. The decision would lock in the level the Governing Board set after a 25 basis point cut on May 7, 2026 and preserved on June 25, 2026 when the board voted unanimously to hold at 6.50%. T…