Mexico | Fondeo rate unchanged at 3.75%
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
Geographies
- Geography Tags
- Mexico
Topics
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- Central Banks
Tags
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- Monetary policy
Authors
Iván Martínez Urquijo
BBVA Research - Senior Economist
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