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July 6, 2022
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Analysts expect Banxico to raise its interest rate to 8.50% in August

Analysts expect Banxico to raise its interest rate to 8.50% in August

The median expectations of the policy rate at the end of 2022 and 2023 remain at 9.50% and 9.25%, respectively.

The increase in the reference rate will be the consequence of an inflation that does not yield. The Survey showed that a general inflation of 7.96% is expected for June, the highest since January 2001, when inflation was 8.11%.

Analysts estimate that core inflation in June will be 7.53% at an annual rate and non-core inflation at 9.27% ​​annual.

On Thursday, the Inegi will release the inflation data for June.



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