Mexico’s central bank raises key interest rate | Rabobank

Mexico’s central bank raises key interest rate

November 15, 2018

Mexico’s central bank raised its key lending rate by a quarter point to 8 percent in November 2018, warning of “important medium- and long-term risks that could affect the country’s macroeconomic conditions, capacity for growth and price formation in the economy.” Christian Lawrence, Rabobank’s Senior Markets Strategist, told the Financial Times: “Our base case is still that 8 per cent is likely to mark the peak of rates for this cycle but the risk remains skewed towards further tightening.”