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Banco de México holds rate at 6.50% and drops hold guidance
Banco de México unanimously kept its benchmark interest rate at 6.50% on September 24. The governing board dropped wording from previous statements that expected the rate to remain at that level.
Why it mattersBorrowers face steady borrowing costs for now, but future shifts in Mexican interest rates could alter loan payments.
How we got here
- Banxico kept its target rate at 6.50 percent. Mx
- Banxico unanimously held the target at 6.50 percent and dropped language expecting to keep the rate unchanged. Mx, Usnews
- Scheduled next monetary policy announcement, at 1:00 p.m. CST. Mx
- Scheduled publication of the minutes of the November 5 policy meeting. Mx
What's likely next
- Banxico is scheduled to publish the minutes of the September 24 meeting.
- Banxico’s next scheduled monetary policy announcement.
- Scheduled publication of the minutes of the November 5 meeting.
All coverage
The coverage
Analysis & opinion
- Mexico Monetary Policy November 2025Focus Economics · Nov 25
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