Created
: 2025.11.07
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Banxico cut rates as expected to 7.25%, Heath dissents again
World FX news
Breaking news
Banxico cut rates as expected to 7.25%, Heath dissents again
New
2025.11.07 04:03
2025.11.07 04:03
2025.11.07 04:03
Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.
More to come, story on development...
Banxico FAQs
The Bank of Mexico, also known as Banxico, is the country's central bank. Its mission is to preserve the value of Mexico's currency, the Mexican Peso (MXN), and to set the monetary policy. To this end, its main objective is to maintain low and stable inflation within target levels - at or close to its target of 3%, the midpoint in a tolerance band of between 2% and 4%.
The main tool of the Banxico to guide monetary policy is by setting interest rates. When inflation is above target, the bank will attempt to tame it by raising rates, making it more expensive for households and businesses to borrow money and thus cooling the economy. Higher interest rates are generally positive for the Mexican Peso (MXN) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken MXN. The rate differential with the USD, or how the Banxico is expected to set interest rates compared with the US Federal Reserve (Fed), is a key factor.
Banxico meets eight times a year, and its monetary policy is greatly influenced by decisions of the US Federal Reserve (Fed). Therefore, the central bank's decision-making committee usually gathers a week after the Fed. In doing so, Banxico reacts and sometimes anticipates monetary policy measures set by the Federal Reserve. For example, after the Covid-19 pandemic, before the Fed raised rates, Banxico did it first in an attempt to diminish the chances of a substantial depreciation of the Mexican Peso (MXN) and to prevent capital outflows that could destabilize the country.
Last updated
: 2025.11.07
Related articles
FX Today: US flash U-Mich gauge and the Canadian jobs report come to the fore
2025.11.07 04:05Banxico cut rates as expected to 7.25%, Heath dissents again
2025.11.07 04:02EUR/USD extends rebound as US Dollar retreats from five-month high
2025.11.07 03:26USD/CHF drops amid US political risks, Swiss Franc safe-haven appeal
2025.11.07 02:54Fed's Hammack: It will take two to three years to get inflation back to 2%
2025.11.07 02:19Fed's Barr: The Fed must pay attention to ensuring that the job market is solid
2025.11.07 02:07
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
FX Today: US flash U-Mich gauge and the Canadian jobs report come to the fore
The US Dollar (USD) added to Wednesday's small correction, slipping back to multi-day lows in the context of a widespread recovery in the risk-associated galaxy. In the meantime, the US federal government shutdown extended further, hitting a record with still no solution in sight.
New
2025.11.07 04:05Banxico cut rates as expected to 7.25%, Heath dissents again
Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.
New
2025.11.07 04:02Dow Jones Industrial Average drops 400 points as AI selloff continues
The Dow Jones Industrial Average (DJIA) tumbled 400 points on Thursday, falling to its lowest valuation in nearly two weeks as equity indexes were crushed underfoot by a broad pivot out of AI tech stocks.
New
2025.11.07 03:52Gold holds near $4,000 as US shutdown, layoffs boost safe-haven demand
Gold price advances on Thursday after reaching a daily high of $4,019, but retreats below the $4,000 mark even though the US Dollar and US Treasury yields tumbled. At the time of writing, XAU/USD trades with gains of over 0.10% at around $3,985.
New
2025.11.07 03:28EUR/USD extends rebound as US Dollar retreats from five-month high
The Euro (EUR) strengthens against the US Dollar (USD) on Thursday amid renewed broad weakness in the Greenback. At the time of writing, EUR/USD is trading around 1.1543, rising to a five-day high after slipping to a fresh three-month low on Wednesday.
New
2025.11.07 03:26USD/CHF drops amid US political risks, Swiss Franc safe-haven appeal
USD/CHF weakens on Thursday, down 0.35% around 0.8070 at the time of writing. Risk-off sentiment dominates the markets, supporting demand for safe-haven assets such as the Swiss Franc (CHF), while US political uncertainty continues to weigh on the US Dollar (USD).
New
2025.11.07 02:54Fed's Hammack: It will take two to three years to get inflation back to 2%
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack spoke at the Economic Club of New York on Thursday. She said that the federal policy should remain modestly restrictive to lower inflation, and that it will take two to three years to return inflation to 2%.
New
2025.11.07 02:19Fed's Barr: The Fed must pay attention to ensuring that the job market is solid
Federal Reserve (Fed) Governor Michael Barr spoke at a virtual event for Fed Communities on Thursday.
New
2025.11.07 02:07WTI Crude Oil drops below $59 as market shrugs off Russian refinery strikes
West Texas Intermediate (WTI) US Oil trades at $58.90 on Thursday at the time of writing, down 0.80% on the day, extending its decline for a third consecutive day.
New
2025.11.07 01:11USD/JPY weakens amid softer US Dollar, steady Japanese labor and services data
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Thursday, as the Greenback weakens following a strong multi-day rally. At the time of writing, USD/JPY is trading around 153.13, down over 0.50% on the day.
New
2025.11.07 01:10Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
