Mexico

Restrictive

Policy rate

6.50%

Last move May 2026

Inflation

3.81%

As of null

Real policy rate

2.69%

Policy rate less inflation

Debt to GDP

62.70%

2026 est.

Inflation target3%

Policy rate vs target—

Last move-25 bps cut

Months at current rate—

Real GDP growth1.60%

Next scheduled decisionNov 5, 2026

Policy rate path, latest five years.

The verdict

Mexico sets its policy rate at 6.50%, against inflation of 3.81% — a real rate of 2.69% after inflation. The most recent decision was a 25bp cut in May 2026. The bank targets 3% inflation, and prices are running above that at 3.81%. On the fiscal side, the economy carries government debt of 62.7% of GDP (2026 est.) and real GDP growth of 1.6%.

Sources: policy rate and cycle history — BIS central bank policy rates (WS_CBPOL); inflation — national statistical agencies; debt and growth — IMF World Economic Outlook. Methodology: https://www.globalfinancialinfo.info/methodology/policy-rates · Dataset: https://www.globalfinancialinfo.info/global-economy · Free to print and share for non-commercial classroom use (CC BY-NC-ND 4.0).

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