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

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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Authors

Arnoldo López
Iván Martínez Urquijo BBVA Research - Senior Economist

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Report (PDF)

140710_FlashBanxicoMexico_PreReunion

Spanish - July 10, 2014

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