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    Banxico will leave fondeo rate unchanged at 3.0% as some economic activity indicators suggest a marginal improvement

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    Published on Thursday, July 10, 2014

    Banxico will leave fondeo rate unchanged at 3.0% as some economic activity indicators suggest a marginal improvement

    Summary

    Better than expected economic activity data suggest a moderate recovery of domestic demand. However, we do not consider this advance is enough to prompt a significative change in the balance of risks

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    Arnoldo López
    Iván Martínez Urquijo BBVA Research - Principal Economist

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    Report (PDF)

    140710_FlashBanxicoMexico_PreReunion

    Spanish - July 10, 2014

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