NEWS: Mexican central bank surprises with a 25 bps rate hike June 24, 2021 at 07:01PM

NEWS: Mexican central bank surprises with a 25 bps rate hike June 24, 2021 at 07:01PM

Mexican central bank delivers a surprise hike
The consensus was for no move off the 4.00% overnight rate but, in a split decision, the Banxico opted to hike rates to 4.25%. There were two members who voted for no change.

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Mexican central bank delivers a surprise hike The consensus was for no move off the 4.00% overnight rate but, in a split decision, the Banxico opted to hike rates to 4.25%. There were two members who voted for no change.

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Mexican central bank delivers a surprise hike
The consensus was for no move off the 4.00% overnight rate but, in a split decision, the Banxico opted to hike rates to 4.25%. There were two members who voted for no change.