FX.co ★ Bank of Mexico Holds Key Rate at 6.50% in September, Extending Pause

Mexico’s central bank left its benchmark interest rate unchanged at 6.50% in September 2026, maintaining the level set in August and signaling a continued pause in its policy cycle.

According to data updated on 24 September 2026, the key rate remained at 6.50%, with no change from the previous decision in August 2026. The back-to-back holds suggest policymakers are in a wait‑and‑see mode, keeping borrowing costs steady while they assess incoming economic data and the balance of inflation and growth risks.

The unchanged stance in September will be closely watched by markets and investors, as it may shape expectations about the timing and direction of future moves in Mexico’s monetary policy, especially if domestic or global conditions begin to shift in the coming months.