He Cut to the interest rate It occurs after the behavior of the exchange rate, the weakness of the economy and the possible impacts against changes in commercial policies globally.
How has the Banxico rate changed?
With the movement, the monetary entity has reduced its rate by 350 base points since the beginning of 2024 as part of a cycle of readjustments after having taken it to its maximum historical level of 11.25%.
“The changes in economic policy by the new US administration have added uncertainty to forecasts. Its effects could involve pressure on inflation on both sides of the balance,” said the Central Bank in its statement this Thursday.
On inflation forecasts, the expectation that inflation converts to the point goal of 3% in the third quarter of 2026 is maintained.
Price increase is also moderate
In July, Inflation was moderated to 3.51% Given the increase in products such as the egg, the home, the lonchartry, fondas and taquerías, as well as air transport.
“This decrease in inflation is misleading and temporary since it has more to do with the abnormal pricing rebound that we observe in July last year. For August, annual inflation will most likely return to higher levels of 4%,” said Ci Bank in a report.
The analysts stressed that Banxico faces the challenge of preventing inflation from moving much away from the goal, considering the wide current gap, as well as the risks that continue to characterize the inflationary panorama of the country.
