Banxico latest publications

June 23, 2022

Banxico shifts to a steeper tightening pace

Banxico raised the policy rate by 75bp to 7.75% and signaled that another hike of this size was possible at its next meeting, but also that a larger hike was unlikely

June 22, 2022

Banxico will act “more forcefully” and deliver, a widely anticipated, larger 75bp hike

There is (now) a wide consensus that Banxico will match Fed’s expected hikes through December, taking the policy rate to 9.50% by year-end

March 24, 2022

Banxico delivers third 50bp hike in a row

The hiking cycle has much further to run, the question is whether Banxico will frontload the hikes or take a more gradual pace once core inflation starts to ease

February 15, 2022

Economic Agenda Mexico - United States 2022

This Agenda presents the 2022 dissemination schedule for economic indicators and relevant monetary policy events in Mexico and the US; dates of important events such as the meetings of various relevant international entities such as: World Economic Forum, World Bank and the IMF

February 10, 2022

Banxico delivers second 50bp hike in a row

The hiking cycle has further to run but the Board might take the foot off the gas in coming meetings if core inflation starts to ease

February 8, 2022

Banxico to deliver another 50bp hike, to 6.00%

Core inflation pressures will remain the focus of the Board .

November 11, 2021

Banxico will likely take the policy rate to 5.25% in December

The Central Bank will most likely hike again in December, but not at a faster pace; the probability that the hiking cycle continues in 1Q22 has increased .

November 9, 2021

Banxico: We expect another 25bp hike and think that the chance of a larger hike is low

A strong core inflation print and a further rise in 12-months ahead core inflation expectations will keep Banxico in a tightening mode