Mexico Expected to Keep Cutting

Mexico Expected to Keep Cutting

Mexico Economy & Policy

Analysts are largely expecting another 25bp cut when Mexico’s central bank meets today. Last month, authorities cut interest rates 25bp to 3.75%, surprising the market. Goldman Sachs says another 25bp rate cut would make sense today, though also gives a 20% probability to a 50bp cut. “Not only will time reveal important information for the proper calibration of monetary policy (e.g., whether the recovery of demand is indeed firming) but also rushing to accelerate the pace of cuts to 50bp without

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial