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    Mexico | Fondeo rate unchanged at 3.75%

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    Published on Wednesday, May 4, 2016 | Updated on Thursday, May 5, 2016

    Mexico | Fondeo rate unchanged at 3.75%

    Summary

    The synchronization of movements between Banxico rates and the Federal Reserve is the most likely scenario at the prospect of maintaining the current spread with the federal funds rate. The cautious tone of the previous statement could be emphasized given the volatility of recent days

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    Iván Martínez Urquijo BBVA Research - Principal Economist

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    Report (PDF)

    160504_Banxico_PreReunion

    Spanish - May 4, 2016

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