The official made the comments during an interview with Imagen Radio on Thursday night following the central bank’s decision to cut its key interest rate again by 25 basis points. at 7.25% .
“I can tell you that we expect the economy to maintain a path of growth, although I would say moderate, with positive contributions on the side of both domestic spending and external demand. However, slack conditions would persist,” said Rodríguez when asked whether the effect of the cycle of rate reductions has been insufficient to boost the Gross Domestic Product (GDP).
The governor recalled that, at the end of November, Banxico will update its GDP and inflation forecasts in its quarterly report with the data available to date and said that economic performance “has also been an important element in our assessment of the inflationary outlook.”
In its latest quarterly report, the monetary authority raised its punctual growth forecast for 2025 to 0.6% from the previous 0.1%; However, in the third quarter the economy contracted 0.3%.
