Banxico Considers Ending Easing Cycle With One Last Rate Cut
15 Articles
15 Articles
The Bank of Mexico (BdeM) is nearing the end of the cycle of cuts to the reference rate initiated in May 2024; therefore, in its next monetary policy decision, it will evaluate the possibility of making a “last” adjustment, as stated yesterday by the governor of the institution, Victoria Rodríguez Ceja, before the Senate Finance Committee.
Mexico City, 28 Apr (EFE).- The Bank of Mexico (Banxico) is nearing the end of the cycle of cuts to the reference rate initiated in May 2024, so in its next monetary policy decision it will evaluate the possibility of making a “last adjustment”, declared this Tuesday the governor of the institution, Victoria Rodríguez Ceja. “I consider that we are close to concluding the cycle of cuts that started in May 2024 through which we have reduced the re…
The Board of Government of the Bank of Mexico (Banxico) will evaluate making a final cut to the interest rate at the May meeting, said Governor Victoria Rodríguez Ceja on Tuesday, April 28. The economist said that the decision is motivated by a more favorable environment to bring inflation sustainably to the 3 percent target. In her appearance before the Senate Finance Committee, Victoria Rodríguez Ceja explained that even though there is a fina…
Applying a final cut to the reference interest rate in the next monetary policy decision would be a closure of the calibration process that has been taking place, after the "fine adjustment" that was executed to lower the rate to 6.75 percent, said the sub-governor of the Bank of Mexico (Banxico), Omar Mejía. Mejía Castelazo was one of those who voted to decrease the reference interest rate by 25 points base on March 26, along with Victoria Rodr…
The governor of Banxico, Victoria Rodríguez Ceja, said that the cycle of interest rate cuts is about to be concluded after adjustments of 400 points. Banxico’s entry analyzes a last cut to the interest rate in the current cycle was first published in La Voz de Michoacán.
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