Mexico | Fondeo rate unchanged at 3.75%
Published on Thursday, March 17, 2016 | Updated on Friday, March 18, 2016
Mexico | Fondeo rate unchanged at 3.75%
Summary
The synchronization of rate movements between Banxico and the Fed is the most likely scenario at the outlook of maintaining the current spread with the federal funds rate. It is expected that the next hike of the benchmark rate takes place by the second half of the year in sync with a rise of the federal funds rate
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks
Tags
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- Monetary policy
Authors
Iván Martínez Urquijo
BBVA Research - Principal Economist