Will the Bank of Mexico announce no change at the May meeting?

“Banxico has been in an easing cycle since 2024, cutting rates at most meetings. With inflation moderating and economic slowdown concerns, a rate cut at the May 2025 meeting is far more likely than a hold. Probability of no change is low.”

“Central banks often maintain rates if economic conditions are stable. Given no major economic disruptions reported recently, a decision to hold rates is slightly more probable.”

“Banxico typically maintains rates when inflation is near target and growth is stable. With current data showing controlled inflation and moderate economic growth, a hold is the most likely outcome.”