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Bank of Mexico Decision on February 9, 2027?

Chart

Hike 50 bps—
Hike 25 Bps—
No Change—
Cut 25 Bps—
Oct 12Oct 20Oct 27Nov 4Nov 11
100%75%50%25%0%

Outcomes

Hike 50 bps
0%—
Hike 25 Bps
0%—
No Change
0%—
Cut 25 Bps
0%—
Cut 50 bps
0%—

Rules

The outcome is decided by the target for the overnight interbank interest rate set by the Bank of Mexico's Governing Board at its meeting on February 9, 2027, as stated in the Monetary Policy Statement the Bank of Mexico publishes for that meeting, released at 1:00 PM CT, or 2:00 PM CT while US daylight saving time is in effect, since Mexico no longer observes daylight saving time. The basis point change, if any, is the one stated in the body of that statement, and a decision that leaves the rate unchanged counts as no change. The outcome is Yes if the change matches the move specified in the market question, such as a hike of at least a given size, no change, or a cut, and No otherwise. The outcome is final when the statement is published, early resolution does not apply, and if the release is delayed, resolution waits until it is published.

About

The target for the overnight interbank interest rate is a policy interest rate that the Bank of Mexico's Governing Board sets for Mexico. The measure is the decision the Bank of Mexico announces on that target at its meeting on February 9, 2027, expressed as the direction and size of any change from the level in effect just before it.

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