{"id":73193,"date":"2022-09-29T22:28:55","date_gmt":"2022-09-29T18:28:55","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73193"},"modified":"2022-09-29T22:31:46","modified_gmt":"2022-09-29T18:31:46","slug":"mexican-central-bank-raises-rate-to-9-25-from-8-50","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/mexican-central-bank-raises-rate-to-9-25-from-8-50\/09\/29\/market-updates\/","title":{"rendered":"Mexican central bank raises interest rate"},"content":{"rendered":"\n<p>Mexico\u2019s central bank said the board was unanimous on the rate decision where it raised the benchmark interest rate to 9.25% from 8.50%. The USD\/MXN pair is 0.25% bid on the day at 20.1947.<br><br><strong>Key Quotes<\/strong><br><br>Says the balance of risks for the trajectory of inflation within the forecast horizon remains biased significantly to the upside.<br>Says the board will thoroughly monitor inflationary pressures as well as all factors that have an incidence on the foreseen path for inflation and its expectations.<br>Says the board will assess the magnitude of the upward adjustments in the reference rate for its next policy decisions based on the prevailing conditions.<br> Says an environment of uncertainty prevails, while the balance of risks for economic activity remains biased to the downside.<br>Says the accumulated inflationary pressures associated with both the pandemic and the military conflict continue affecting headline and core inflation.  <br>Sees average annual headline inflation of 8.6% for the fourth quarter of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mexico\u2019s central bank said the board was unanimous on the rate decision where it raised the benchmark interest rate to 9.25% from 8.50%. The USD\/MXN pair is 0.25% bid on the day at 20.1947.Key QuotesSays the balance of risks for the trajectory of inflation within the forecast horizon remains biased significantly to the upside.Says the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":49339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[8143,10010],"class_list":["post-73193","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-interest-rate-hikes","tag-mexican-central-bank"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73193"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73193\/revisions"}],"predecessor-version":[{"id":73200,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73193\/revisions\/73200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/49339"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}