Historic increase: Banxico increases interest rate by 75 points to 7.75%
The forecast for headline inflation was revised upwards until the third quarter of 2023, the Bank of Mexico added. The Governing Board intends to continue to increase the benchmark rate in the following decisions, he added.
Historic increase: Banxico increases interest rate by 75 points to 7.75%
The forecast for headline inflation was revised upwards until the third quarter of 2023, the Bank of Mexico added. The Governing Board intends to continue to increase the benchmark rate in the following decisions, he added.
No surprises, Banxico follows the Fed's line and raises its interest rate by 75 basis points
The governing board of Banco de México, in a unanimous decision, raised the reference rate by 75 basis points to 7.75% in line with market expectations. This is the first time that the central bank has made an increase of that magnitude.
No surprises, Banxico follows the Fed's line and raises its interest rate by 75 basis points
The governing board of Banco de México, in a unanimous decision, raised the reference rate by 75 basis points to 7.75% in line with market expectations. This is the first time that the central bank has made an increase of that magnitude.
Banco de México applies historical interest rate hike of 7.75% amid high inflation
The Bank of Mexico raises the Interbank Interest Rate to 7.75% as a result of some factors such as inflation in Mexico, which reached 7.88% in the first half of June
Banco de México applies historical interest rate hike of 7.75% amid high inflation
The Bank of Mexico raises the Interbank Interest Rate to 7.75% as a result of some factors such as inflation in Mexico, which reached 7.88% in the first half of June