# Mexico central bank raises key interest rate to 7.5 percent | AP News

> Mexico's central bank raised its key interbank interest rate from 7.25 percent to 7.5 percent, citing expectations of a U.S. rate increase. The move was reported by AP on February 8.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/66713-mexico-central-bank-raises-key-interest-rate-to-7-5-percent-ap-news
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Higher Mexican interest rates raise financing costs for livestock and feed operators and tend to support the peso, a modest macro influence on Mexican feed demand.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- apnews.com: https://apnews.com/general-news-19856dbb58ad4e3b8291704ebe80aded

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