Will the Bank of Mexico announce an increase at the May meeting?

“Inflation has been trending downward in Mexico, and the central bank typically maintains or cuts rates when inflation is under control. Recent economic data suggests no urgent need for tightening.”

“Given current economic conditions, inflation trends, and recent monetary policy actions, a rate increase is slightly more likely than not at the May meeting.”

“Banxico has been in an easing cycle since 2024, cutting rates multiple times. With inflation moderating and global uncertainty from trade tensions, a rate hike at the May 2026 meeting is extremely unlikely.”