--- title: "墨西哥銀行在暫停後通過分歧決策削減基準利率——更新" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/280689152.md" description: "墨西哥銀行在一次分歧投票中將基準利率下調 0.25 個百分點至 6.75%，投票結果為 3 票贊成，2 票反對。中央銀行將根據宏觀經濟狀況評估未來的降息，當前面臨着通貨膨脹上升和中東衝突帶來的不確定性。3 月份通貨膨脹率上升至 4.63%，主要受到食品價格的影響，而核心通貨膨脹略有下降。儘管全球能源形勢嚴峻，該銀行並未看到近期税收變化帶來的直接通貨膨脹影響，並對進一步降息保持謹慎態度" 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) --- # 墨西哥銀行在暫停後通過分歧決策削減基準利率——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. ### 相關股票 - [MEXX.US](https://longbridge.com/zh-HK/quote/MEXX.US.md) - [FLMX.US](https://longbridge.com/zh-HK/quote/FLMX.US.md) - [EWW.US](https://longbridge.com/zh-HK/quote/EWW.US.md) ## 相關資訊與研究 - [墨西哥經濟為何持續疲軟？](https://longbridge.com/zh-HK/news/286630763.md) - [標普將墨西哥評級展望從穩定下調至負面](https://longbridge.com/zh-HK/news/286165812.md) - [三星電子工會擱置罷工 初步薪資協議交付投票](https://longbridge.com/zh-HK/news/287081848.md) - [凱基金控股東會紀念品深受歡迎 5 月 26 日前把握領取期限](https://longbridge.com/zh-HK/news/287028229.md) - [三星員工推遲總罷工計劃，將就薪資協議進行投票](https://longbridge.com/zh-HK/news/287088420.md)