RTRS poll: Median of 24 analysts projects Mexico CB to raise interest rate by 25 bps

According to a recent poll by Reuters, 15 of 24 analysts surveyed expect the Banco de Mexico to raise interest rates by 25 bps 6.50%.

• Seven see 50 bps hike, two see no move
• Mexico's central bank raised its benchmark rate in 50-basis point moves in its previous four meetings as the peso tumbled to successive historic lows
• Mexico's annual inflation rate rose above 5 percent to a nearly eight-year high in early March