Mexico | 0.25% rise in the monetary policy rate
Published on Thursday, December 17, 2015 | Updated on Thursday, December 17, 2015
Mexico | 0.25% rise in the monetary policy rate
Summary
Banxico raised the fondeo rate to 3.25% in a move motivated by the risks posed by the US monetary normalization on inflation and expectations. The tone of the statement indicates that relative monetary policy will be the main factor behind the decisions of the central bank in the short term
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks
Tags
- Tags
- Monetary policy
Authors
Arnoldo López
Iván Martínez Urquijo
BBVA Research - Principal Economist