Banks › Bank of Mexico › History › 6 Aug 2026
Bank of Mexico: decision of 6 August 2026
Banco de México's Governing Board held the target for the overnight interbank interest rate at 6.50%.
Decision
hold
- Rate
- 6.50%=6.50%
- Change
- 0 bp
- Vote
- unanimous
- Announced
- 13:00 Mexico City time
Sources
- Statement
- banxico.org.mx/publications-and-press/announ…
- Minutes
- banxico.org.mx/publications-and-press/minute…
- Recorded
- 6 Aug 2026
- Data
- JSON
What the bank said
The Board said it assessed the exchange rate, the absence of demand-related pressures in the economy and the level of monetary restriction implemented.
It said headline inflation fell to 3.10% and core inflation to 3.95% in the first fortnight of July, but both were now expected to decline more gradually than previously anticipated.
It said headline inflation was expected to converge to the 3% target in the fourth quarter of 2027, and that the economy had reactivated in the second quarter after contracting in the first.
Guidance. The Board said it expected it would be appropriate to keep the reference rate at its current level.
“both headline and core inflation are still expected to decline throughout the forecast horizon, albeit more gradually than previously anticipated”
Before and after
- Previous decision: 25 Jun 2026, held the target for the overnight interbank interest rate at 6.50%.
- Next decision: 24 Sept 2026, held the target for the overnight interbank interest rate at 6.50%.
- All Bank of Mexico decisions and the rate history