Overview

• Banxico moved its Quarterly Inflation Report from August 27 to August 29 through a brief communiqué citing Article 51, fraction II, of its founding law.
• This is the first time the central bank has postponed its quarterly report since its inception.
• Economists said the two-day delay likely stems from technical reasons and does not indicate a shift in monetary policy.
• The report will be released on Banxico’s website and followed by an online press conference that is expected to include updated growth and inflation forecasts.
• The change follows a recent 25-basis-point cut in the policy rate to 7.75% and comes as markets anticipate revised macroeconomic projections.