Policy Rate Announcement by the Central Bank of Mexico
Mexico| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Banco de México (Bank of Mexico) regularly convenes meetings to determine Mexico's monetary policy and announces its policy interest rate. This rate is the interest applied by the central bank to interbank lending and is a crucial indicator that impacts the entire economy.
When the policy interest rate is lowered, borrowing costs decrease, potentially increasing consumer and business expenditures. Conversely, when the policy interest rate is raised, borrowing costs increase, which can restrain consumer and business spending. This can help in controlling inflation and promoting economic growth.
This data serves as important reference material for policymakers to evaluate the current economic situation and formulate appropriate monetary policies. It is also a critical source of information for businesses and investors to assess interest rate trends and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
