Mexico | Monetary rate unchanged at 3.0%. The relative monetary stance is the key variable

Published on Thursday, March 26, 2015 | Updated on Thursday, March 26, 2015

Mexico | Monetary rate unchanged at 3.0%. The relative monetary stance is the key variable

Summary

Fed's first rate hike will be the trigger of Banxico's hiking cycle. Inflation convergence to the 3.0% objective is not at risk as exchange rate pass-through remains limited

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Authors

Iván Martínez Urquijo BBVA Research - Senior Economist
Arnoldo López

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Report (PDF)

150325_FlashBanxico_PreReunion

Spanish - March 26, 2015

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