Gradual Changes Ahead for Bank of Mexico's Monetary Policy

The Bank of Mexico is poised to adopt a more cautious approach in its monetary policy adjustments, according to minutes from its June meeting released on Thursday.

During the meeting, all four board members who supported a 50-basis-point rate cut indicated that the bank might be considering smaller rate changes in the future.

This potential shift comes after a series of significant rate cuts, signaling a more measured strategy in balancing economic stability.

(With inputs from agencies.)