# Mexico Set to Raise Rates?

> A CME Group analysis says Mexico's economy remains about 4% smaller than before the pandemic, with unemployment near 4.5% and core inflation above the central bank's overnight rate. It suggests the Bank of Mexico may consider raising rates.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/47309-mexico-set-to-raise-rates
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Higher Mexican rates would tend to strengthen the peso and could slow domestic demand for meat and feed. The impact on agricultural commodity prices is limited.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/mexican-stirs-price-upside-rates-risk

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.