Bank of Mexico

The Board of Governors of the Bank of Mexico unanimously decided to keep the target interest rate at 7 percent, pausing the cycle of cuts started in 2024. This decision responds to a complex inflationary landscape, with upward revised forecasts for 2026. The Mexican peso closed at 17.3 pesos per dollar, reflecting market caution.

January 09, 2026 Ti AI ṣe iroyin

Inflation in Mexico slowed to 3.69% at the end of 2025, but experts predict it will exceed 4% throughout 2026 due to the World Cup, wage hikes, new taxes, and tariffs. Factors like IEPS increases and duties on Chinese imports will pressure prices, particularly in services and goods. The Bank of Mexico may implement moderate interest rate cuts, adopting a cautious policy.