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Sept 22 - Mexico's headline inflation eased in the first half of September, official data showed on Friday, slightly below market expectations and fueling expectations that the central bank will hold the key interest rate at its record high level.
The latest number, below the median forecast of 13 analysts polled by Reuters but still above the central bank's target, is likely to reinforce bets the Bank of Mexico will hold its key lending rate steady at an all-time high of 11.25% for longer. The bank began its rate-hiking cycle in mid-2021, raising the key rate by a total of 725 basis points by May, when it paused the cycle.
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