Bank of Mexico

The severe drought in Mexico prompted Banxico to raise its interest rates

The lack of rain "is possibly now part of the shocks that we are seeing that is affecting inflation," said the deputy governor of the central bank, Gerardo Esquivel.

Gerardo Esquivel sees "overreaction" of markets due to a rise in Banxico's rate

Banxico expects inflation to slow down gradually in the third quarter, before accelerating again at the end of the year, deputy governor Gerardo Esquivel anticipated.

Banxico raises its interest rate to 4.25%

The Banxico Governing Board decides by majority to increase the price of loans due to the strong inflationary rebound in recent weeks.

Jonathan Heath regrets "very bad news" for construction

The value of the production of construction companies grew only 1.2% in April, and according to the deputy governor of Banxico, growth rates should be in the double digits.

Banxico plans to freeze its interest rate for the fourth consecutive time

The biggest rebound in the price rise will be the main impediment for the Bank of Mexico to leave its interest rate at 4% this week.

The soundness of the financial system will support the recovery, says Banxico

The central bank notes that the financial system shows resilience and a solid position characterized by capital and liquidity levels above regulatory minimums.

Why Arturo Herrera?

Under a monetarist view of the economy, Mexico's growth potential is restricted to what its banking system does.

Herrera to Banxico and Ramírez de la O to Hacienda: two "good decisions"

The changes proposed by President López Obrador in Banxico and the SHCP aim to speed up the work of a new tax reform and the 2022 economic package.

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