Skip to main content

Bank of Mexico cuts rates again despite above-target inflation

President refuses to increase fiscal support package, citing danger of sovereign debt crisis

Bank of Mexico

The Bank of Mexico cut policy rates on September 24 in spite of above-target inflation, as policy-makers confront a weakening economy and a lack of fiscal support.

The central bank’s governing board unanimously decided to continue its easing cycle cutting rates by 25 basis points to 4.25% in their policy meeting.

The Bank of Mexico’s policy statement warns the central bank’s room for manoeuvre is “narrow”. It stresses “adopting the necessary actions regarding both monetary and fiscal policies

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.