Mexican monetary policy

Bank of Mexico Remains on Hold

June 11, 2012

Mexico‚Äôs key interest rate has been at 4.5% since July 2009 and will remain at that level for the time being.  Policymakers met last Friday and reaffirmed that the current stance is promoting the medium-term inflation target of 3% while protecting the recovery amid an uncertain global environment.  The central bank authorities revised their forecast […] More