Mexican MPC members determined to hold rates

All five governing board members agree it is necessary to avoid rate cuts to tame inflation

Bank of Mexico

The Bank of Mexico’s governing council is determined to maintain interest rates at restrictive levels, according to its latest policy meeting minutes, published on July 6.

All five members of the governing council made similar arguments, signalling they will maintain the policy rate at 11.25% over the coming months.

The board’s five members agree the inflationary outlook is complex and uncertain throughout the entire forecast horizon, with upward risks. “Thus, in order to achieve an orderly

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account