Banxico divided over whether to cut its 6.5% interest rate

Banxico kept its key interest rate at 6.5% for the third meeting in a row.

But its board is split: three members see room to consider a cut, while two warn that inflation risks call for caution.

The debate matters because interest rates affect borrowing costs and prices.

Banxico may move in the opposite direction from the US Federal Reserve, which analysts expect to raise rates in December.