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Published on Thursday, March 17, 2016 | Updated on Friday, March 18, 2016

Mexico | Fondeo rate unchanged at 3.75%

Summary

The synchronization of rate movements between Banxico and the Fed is the most likely scenario at the outlook of maintaining the current spread with the federal funds rate. It is expected that the next hike of the benchmark rate takes place by the second half of the year in sync with a rise of the federal funds rate

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160317_Banxico_PreReunion

Spanish - March 17, 2016

Authors

Iván Martínez Urquijo
Iván Martínez Urquijo Principal economist for Mexico
BBVA Research
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