Banco de México Archives - The Industry Spread

Monetary Policy Statement – Banco de Mexico

September 27, 2019

Banco de México’s Governing Board and monetary policy committee has decided to lower the target for the overnight interbank interest rate by 25 basis points to 7.75%. 

Banco de México’s Governing Board decided to raise the target for the overnight interbank interest rate by 25 basis points to 8.25%.

December 21, 2018

Banco de México’s Governing Board has
decided unanimously to raise the target for the overnight interbank interest by 25 basis points to 8.25%.
Considering the challenges to consolidate a low and stable inflation, as well as the risks that the
economy’s price formation process is subject to, the Governing Board will take the necessary actions,
specifically, maintaining or, in its case, strengthening the monetary policy stance, so that the reference
rate is kept at a level consistent with the convergence of headline inflation to Banco de México’s target
within the period of influence of monetary policy.