Mexico Central Bank Policy Rate: 11% (9 Feb 2023)
Mexico Central Bank Policy Rate came in at 11 on Feb 9, 2023, compared with 10.5 previously. See the full release history, chart, Banco de México context, and API access for this series.
- Actual
- 11
- Previous
- 10.5
- Forecast
- --
- Next release
- Dec 17, 2026
9 Feb 2023
Related Mexico economic research
Mexico / Rates
Understand the economy
Mexico's national activity combines internationally integrated production with a large domestic economy affected by informality and uneven access to skills. The OECD's February 2026 survey distinguishes support from non-automotive exports and hous...
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Mexico Central Bank Policy Rate release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.
Mexico Central Bank Policy Rate release analysis
What the release showed
Mexico Central Bank Policy Rate came in at 11 in the release of Feb 9, 2023, up 0.5 from 10.5.
Why Central Bank Policy Rate matters for MXN
Policy rate differentials between countries are the primary driver of carry-trade positioning and long-run FX equilibrium. When the Banco de México is hiking while others are on hold, the mxn typically appreciates on an interest rate differential basis.
How to read it
A surprise rate hike is mxn-positive; a surprise cut is negative. Forward guidance and the policy statement accompanying each decision are often more market-moving than the rate change itself, as markets are usually well-positioned for the expected move.
What to watch next
The next Mexico Central Bank Policy Rate release is due on Dec 17, 2026.
- Differentials widening (one central bank diverging from the others)
- Dovish/hawkish surprises versus the rate path priced into OIS
- Forward guidance language shifts even when the rate is unchanged
- Out-of-meeting cuts or hikes (rare, large FX impact)
Recent Mexico Central Bank Policy Rate releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| Feb 9, 2023 | Feb 9, 2023 | 11 | 10.5 | -- |
| Dec 15, 2022 | Dec 15, 2022 | 10.5 | 10 | -- |
Get Mexico Central Bank Policy Rate data as soon as it is published
This page shows the most recent releases. The API serves the full Mexico Central Bank Policy Rate history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
- Consensus forecasts joined by announcement ID to measure the surprise.
- Release calendar with confirmed times for upcoming announcements.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/mxn/policy_rate
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/mxn/policy_rate",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])Match this release by announcement_id mxn_policy_rate_2023-02-09. Forecasts for the same release: /v1/predictions/mxn/policy_rate.
Release data snapshot
Citation fields for this announcement.
| Public release ID | mxn_policy_rate_2023-02-09 |
|---|---|
| Release time |
Estimated 2023-02-09 19:00 UTC
|
| Reference period date | 2023-02-09 |
| Actual value | 11 |
| Previous value | 10.5 |
| Forecast | -- |
| Surprise | -- |
More Mexico Central Bank Policy Rate releases
Move through adjacent announcement records for the same series.
Related Mexico indicators
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Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Mexico Central Bank Policy Rate.
What did Mexico Central Bank Policy Rate come in at, and how did it compare with the forecast and the previous reading?
Mexico Central Bank Policy Rate was 11% on Feb 9, 2023. The previous reading was 10.5%.
When was this Mexico Central Bank Policy Rate release published?
The publication time is estimated for Feb 9, 2023 at 13:00 America/Mexico_City. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.
When is the next Mexico Central Bank Policy Rate release?
The next Mexico Central Bank Policy Rate release is scheduled for Dec 17, 2026.
What is the official source for Mexico Central Bank Policy Rate?
Banco de Mexico publishes the official Central Bank Policy Rate series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1675969200,
"announcement_id": "mxn_policy_rate_2023-02-09",
"announcement_source_url": "https://www.banxico.org.mx/publications-and-press/announcements-of-monetary-policy-decisions/{980D7F0D-1BD9-0271-AC09-B5E5CFD2F0EE}.pdf",
"capture_time_basis": "backfill_fetch_completed",
"date": "2023-02-09",
"observed_at_ns": 1793093499077137500,
"previous_value": 10.5,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"release_time_assumed": true,
"revisions": [
{
"announcement_source_url": "https://www.banxico.org.mx/publications-and-press/announcements-of-monetary-policy-decisions/{980D7F0D-1BD9-0271-AC09-B5E5CFD2F0EE}.pdf",
"capture_time_basis": "backfill_fetch_completed",
"epoch": 1675969200,
"is_first_release": false,
"observed_at_ns": 1793093499077137500,
"publication_time_precision": "unknown",
"publication_time_status": "unverified",
"source_series_id": "CF101:Target rate",
"source_url": "https://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadro\u0026idCuadro=CF101\u0026locale=en",
"source_url_scope": "dataset",
"val": 11.0,
"vintage_status": "captured_snapshot"
}
],
"source": "Banco de Mexico",
"source_contract": {
"basis": "catalogue",
"frequency": "Event",
"unit": "%"
},
"source_series_id": "CF101:Target rate",
"source_series_name": "Target rate",
"source_url": "https://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadro\u0026idCuadro=CF101\u0026locale=en",
"source_url_scope": "dataset",
"val": 11.0,
"vintage_status": "captured_snapshot"
}