The Path Toward Lower Interest Rates in Mexico Is Uncertain

According to a Report by BofA, Although the Citibanamex Survey Predicts Rate Cuts

Date:

Incerteza en las tasas de interés en México

Autor: Funds Society, Mexico

The U.S. bank also expects Banxico to gradually but steadily cut rates for the remainder of this year and early next year

Inflation expectations remained fairly stable. The median projection for headline inflation at the end of 2024 was set at 4.55% annually

The consensus estimates a 25 basis point cut to the interest rate. The majority of participants (28 out of 36) anticipate this move