--- title: "墨西哥银行在暂停后通过分歧决策削减基准利率——更新" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/280689152.md" description: "墨西哥银行在一次分歧投票中将基准利率下调 0.25 个百分点至 6.75%，投票结果为 3 票赞成，2 票反对。中央银行将根据宏观经济状况评估未来的降息，当前面临着通货膨胀上升和中东冲突带来的不确定性。3 月份通货膨胀率上升至 4.63%，主要受到食品价格的影响，而核心通货膨胀略有下降。尽管全球能源形势严峻，该银行并未看到近期税收变化带来的直接通货膨胀影响，并对进一步降息保持谨慎态度" datetime: "2026-03-26T21:06:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280689152.md) - [en](https://longbridge.com/en/news/280689152.md) - [zh-HK](https://longbridge.com/zh-HK/news/280689152.md) --- # 墨西哥银行在暂停后通过分歧决策削减基准利率——更新 By Anthony Harrup MEXICO CITY--The Bank of Mexico lowered its benchmark interest rate Thursday in a split decision and said it will assess the timing for an additional cut in the future. The five-member board of governors voted 3-2 to cut the overnight interest-rate target by a quarter of a percentage point to 6.75%, resuming monetary easing after a pause in February. Deputy governors Jonathan Heath and Galia Borja voted to leave the rate at 7%. "Looking ahead, depending on the evolution of macroeconomic and financial conditions, the board will evaluate the appropriateness and timing for an additional reference rate cut," the central bank said. Analysts were divided in their views as to whether the central bank would extend the pause given the recent pickup in inflation and possible fallout from the conflict in the Middle East, or resume the monetary easing cycle. The 3-2 split in the vote, which was the closest since the easing cycle began, "reflects a board navegating a genuinely complex external environment" and sets the bar considerably higher for the next rate cut, Finamex Casa de Bolsa's chief economist Víctor Gómez Ayala said in a note. The Bank of Mexico said uncertainty around the conflict in the Middle East poses downside risks to economic growth, and adds a layer of uncertainty to the inflation outlook. The bank raised its inflation forecasts for the first three quarters of this year, but still expects inflation to reach its 3% target in the second quarter of 2027. Mexico's inflation rose to 4.63% in mid-March from 4.02% in February, led by a jump in fresh fruit and vegetable prices. Core inflation, which excludes energy and fresh food, slipped to 4.46% from 4.5%. The Bank of Mexico said there was no evidence of second-round inflationary effects from the higher taxes on soda and tobacco that took effect in January, or the increase in tariffs on imports from countries with which Mexico doesn't have a trade agreement. "The Bank of Mexico does not seem particularly concerned about the global energy shock and its impact on Mexico's inflation outlook," Capital Economics senior emerging markets economist Liam Peach said in a note. "In our view, the central bank is in no rush to cut interest rates again, but it still sees scope to do so." The war in the Persian Gulf has virtually halted shipping through the Strait of Hormuz and pushed global oil prices to three-and-a-half year highs. The Mexican government this week lowered taxes on gasoline after renewing an agreement with retailers to keep the price of regular gasoline under 24 pesos a liter, which is equivalent to about $5.10 a gallon. Tax relief for diesel was reinstated the previous week and increased this week. Write to Anthony Harrup at anthony.harrup@wsj.com (END) Dow Jones Newswires March 26, 2026 17:00 ET (21:00 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### 相关股票 - [MEXX.US](https://longbridge.com/zh-CN/quote/MEXX.US.md) - [FLMX.US](https://longbridge.com/zh-CN/quote/FLMX.US.md) - [EWW.US](https://longbridge.com/zh-CN/quote/EWW.US.md) ## 相关资讯与研究 - [穆迪将墨西哥评级下调至 Baa3 展望稳定](https://longbridge.com/zh-CN/news/287126295.md) - [标普将墨西哥评级展望从稳定下调至负面](https://longbridge.com/zh-CN/news/286165812.md) - [据报道，三星电子韩国工会已推迟罢工。工会将就初步薪酬方案进行投票](https://longbridge.com/zh-CN/news/287076341.md) - [特朗普突然 “放手” 美联储：是真心让步，还是高通胀逼他收手？](https://longbridge.com/zh-CN/news/286982374.md) - [缩表与降息双受阻：沃什履新面临的两难困境](https://longbridge.com/zh-CN/news/286795910.md)