Mexico's central bank hikes interest rate on inflation risks

MEXICO CITY, Dec 14 (Reuters) - Mexico's central bank hiked borrowing costs by 25 basis points on Thursday, and said it was willing to act again whenever needed due to intensifying risks to inflation.

Banco de Mexico raised its benchmark borrowing rate to 7.25 percent, as was expected by a majority of analysts in Reuters poll. (Reporting by Mexico City newsroom)