Mexico's central bank to cut benchmark rate by 25 basis points to 7.50% on September 25: Reuters poll

Group 1 - Mexico's central bank, Banxico, is expected to lower its benchmark interest rate by 25 basis points to 7.50% on September 25, marking the eleventh cut in a steady easing cycle due to weak economic conditions [1][2][3] - Economists are more concerned about the slow domestic economy than consumer price trends, with all 24 surveyed predicting the rate cut [2][3] - Recent economic data indicates a deceleration in growth and moderated inflation, supporting the decision for a rate cut [3][4] Group 2 - Analysts suggest that Banxico will continue to cut rates below market expectations as long as the U.S. Federal Reserve cuts rates and the U.S. dollar remains weak [5] - A majority of economists anticipate another 25 basis-point cut in November, following the September adjustment, as Banxico does not meet in October [5][6] - Projections indicate Mexico's interest rate could fall to 7.00% by the end of 2025, with further reductions expected in early 2026 [6][7]