Mexico policy rate in 2002 (225 changes)

Start of year8.04%

End of year8.25%Dec 31, 2002

Net change+21 bp104 hikes, 121 cuts

Average7.131%

Rank by level9 / 34

Changes in 2002

Date	From	To	Change
Jan 2, 2002	8.04%	7.20%	cut -84 bp
Jan 3, 2002	7.20%	6.96%	cut -24 bp
Jan 4, 2002	6.96%	6.92%	cut -4 bp
Jan 7, 2002	6.92%	6.73%	cut -19 bp
Jan 8, 2002	6.73%	6.67%	cut -6 bp
Jan 9, 2002	6.67%	6.73%	hike +6 bp
Jan 10, 2002	6.73%	6.99%	hike +26 bp
Jan 11, 2002	6.99%	8.17%	hike +118 bp
Jan 14, 2002	8.17%	7.27%	cut -90 bp
Jan 15, 2002	7.27%	6.96%	cut -31 bp
Jan 16, 2002	6.96%	6.19%	cut -77 bp
Jan 17, 2002	6.19%	6.59%	hike +40 bp
Jan 21, 2002	6.59%	6.78%	hike +19 bp
Jan 22, 2002	6.78%	7.27%	hike +49 bp
Jan 23, 2002	7.27%	7.32%	hike +5 bp
Jan 24, 2002	7.32%	7.51%	hike +19 bp
Jan 25, 2002	7.51%	7.62%	hike +11 bp
Jan 28, 2002	7.62%	7.60%	cut -2 bp
Jan 29, 2002	7.60%	8.00%	hike +40 bp
Jan 30, 2002	8.00%	8.15%	hike +15 bp
Jan 31, 2002	8.15%	8.08%	cut -7 bp
Feb 1, 2002	8.08%	8.16%	hike +8 bp
Feb 4, 2002	8.16%	8.12%	cut -4 bp
Feb 6, 2002	8.12%	7.91%	cut -21 bp
Feb 7, 2002	7.91%	7.51%	cut -40 bp
Feb 8, 2002	7.51%	7.27%	cut -24 bp
Feb 11, 2002	7.27%	8.27%	hike +100 bp
Feb 13, 2002	8.27%	8.08%	cut -19 bp
Feb 14, 2002	8.08%	8.37%	hike +29 bp
Feb 15, 2002	8.37%	9.47%	hike +110 bp
Feb 18, 2002	9.47%	8.99%	cut -48 bp
Feb 19, 2002	8.99%	8.50%	cut -49 bp
Feb 20, 2002	8.50%	8.40%	cut -10 bp
Feb 21, 2002	8.40%	8.39%	cut -1 bp
Feb 22, 2002	8.39%	8.40%	hike +1 bp
Feb 25, 2002	8.40%	7.85%	cut -55 bp
Feb 26, 2002	7.85%	7.58%	cut -27 bp
Feb 27, 2002	7.58%	7.61%	hike +3 bp
Feb 28, 2002	7.61%	7.63%	hike +2 bp
Mar 1, 2002	7.63%	7.38%	cut -25 bp
Mar 4, 2002	7.38%	7.34%	cut -4 bp
Mar 6, 2002	7.34%	7.07%	cut -27 bp
Mar 7, 2002	7.07%	7.06%	cut -1 bp
Mar 8, 2002	7.06%	7.07%	hike +1 bp
Mar 13, 2002	7.07%	6.21%	cut -86 bp
Mar 14, 2002	6.21%	8.74%	hike +253 bp
Mar 15, 2002	8.74%	9.36%	hike +62 bp
Mar 18, 2002	9.36%	8.17%	cut -119 bp
Mar 19, 2002	8.17%	8.09%	cut -8 bp
Mar 20, 2002	8.09%	7.96%	cut -13 bp
Mar 22, 2002	7.96%	7.90%	cut -6 bp
Mar 25, 2002	7.90%	7.83%	cut -7 bp
Mar 26, 2002	7.83%	7.79%	cut -4 bp
Mar 27, 2002	7.79%	7.11%	cut -68 bp
Apr 1, 2002	7.11%	6.17%	cut -94 bp
Apr 2, 2002	6.17%	5.89%	cut -28 bp
Apr 3, 2002	5.89%	5.88%	cut -1 bp
Apr 4, 2002	5.88%	5.87%	cut -1 bp
Apr 5, 2002	5.87%	5.82%	cut -5 bp
Apr 8, 2002	5.82%	5.62%	cut -20 bp
Apr 9, 2002	5.62%	5.31%	cut -31 bp
Apr 10, 2002	5.31%	4.24%	cut -107 bp
Apr 11, 2002	4.24%	5.34%	hike +110 bp
Apr 12, 2002	5.34%	5.39%	hike +5 bp
Apr 15, 2002	5.39%	5.11%	cut -28 bp
Apr 16, 2002	5.11%	5.40%	hike +29 bp
Apr 17, 2002	5.40%	5.51%	hike +11 bp
Apr 18, 2002	5.51%	5.25%	cut -26 bp
Apr 19, 2002	5.25%	5.17%	cut -8 bp
Apr 22, 2002	5.17%	5.15%	cut -2 bp
Apr 25, 2002	5.15%	5.41%	hike +26 bp
Apr 26, 2002	5.41%	5.53%	hike +12 bp
Apr 29, 2002	5.53%	5.49%	cut -4 bp
Apr 30, 2002	5.49%	5.47%	cut -2 bp
May 2, 2002	5.47%	5.54%	hike +7 bp
May 3, 2002	5.54%	6.26%	hike +72 bp
May 6, 2002	6.26%	6.70%	hike +44 bp
May 7, 2002	6.70%	6.84%	hike +14 bp
May 8, 2002	6.84%	6.66%	cut -18 bp
May 9, 2002	6.66%	7.23%	hike +57 bp
May 10, 2002	7.23%	7.66%	hike +43 bp
May 13, 2002	7.66%	7.67%	hike +1 bp
May 14, 2002	7.67%	7.72%	hike +5 bp
May 15, 2002	7.72%	7.50%	cut -22 bp
May 16, 2002	7.50%	7.17%	cut -33 bp
May 17, 2002	7.17%	7.06%	cut -11 bp
May 20, 2002	7.06%	7.08%	hike +2 bp
May 21, 2002	7.08%	7.15%	hike +7 bp
May 22, 2002	7.15%	7.19%	hike +4 bp
May 24, 2002	7.19%	7.20%	hike +1 bp
May 27, 2002	7.20%	7.17%	cut -3 bp
May 28, 2002	7.17%	7.20%	hike +3 bp
May 29, 2002	7.20%	7.16%	cut -4 bp
May 30, 2002	7.16%	7.40%	hike +24 bp
May 31, 2002	7.40%	7.33%	cut -7 bp
Jun 3, 2002	7.33%	7.00%	cut -33 bp
Jun 4, 2002	7.00%	6.83%	cut -17 bp
Jun 5, 2002	6.83%	6.10%	cut -73 bp
Jun 6, 2002	6.10%	7.24%	hike +114 bp
Jun 7, 2002	7.24%	7.31%	hike +7 bp
Jun 10, 2002	7.31%	7.22%	cut -9 bp
Jun 11, 2002	7.22%	7.12%	cut -10 bp
Jun 12, 2002	7.12%	7.06%	cut -6 bp
Jun 13, 2002	7.06%	6.88%	cut -18 bp
Jun 14, 2002	6.88%	6.85%	cut -3 bp
Jun 17, 2002	6.85%	6.79%	cut -6 bp
Jun 18, 2002	6.79%	6.72%	cut -7 bp
Jun 19, 2002	6.72%	6.73%	hike +1 bp
Jun 20, 2002	6.73%	7.02%	hike +29 bp
Jun 21, 2002	7.02%	7.89%	hike +87 bp
Jun 24, 2002	7.89%	7.92%	hike +3 bp
Jun 25, 2002	7.92%	7.79%	cut -13 bp
Jun 26, 2002	7.79%	8.53%	hike +74 bp
Jun 27, 2002	8.53%	8.12%	cut -41 bp
Jun 28, 2002	8.12%	8.13%	hike +1 bp
Jul 1, 2002	8.13%	8.02%	cut -11 bp
Jul 2, 2002	8.02%	7.92%	cut -10 bp
Jul 3, 2002	7.92%	6.59%	cut -133 bp
Jul 4, 2002	6.59%	7.57%	hike +98 bp
Jul 5, 2002	7.57%	7.49%	cut -8 bp
Jul 10, 2002	7.49%	7.36%	cut -13 bp
Jul 11, 2002	7.36%	7.11%	cut -25 bp
Jul 12, 2002	7.11%	6.90%	cut -21 bp
Jul 15, 2002	6.90%	6.88%	cut -2 bp
Jul 16, 2002	6.88%	6.89%	hike +1 bp
Jul 17, 2002	6.89%	6.82%	cut -7 bp
Jul 18, 2002	6.82%	6.65%	cut -17 bp
Jul 19, 2002	6.65%	6.59%	cut -6 bp
Jul 22, 2002	6.59%	6.56%	cut -3 bp
Jul 24, 2002	6.56%	6.57%	hike +1 bp
Jul 26, 2002	6.57%	6.58%	hike +1 bp
Jul 29, 2002	6.58%	6.59%	hike +1 bp
Jul 30, 2002	6.59%	6.56%	cut -3 bp
Jul 31, 2002	6.56%	5.37%	cut -119 bp
Aug 1, 2002	5.37%	6.57%	hike +120 bp
Aug 2, 2002	6.57%	6.58%	hike +1 bp
Aug 6, 2002	6.58%	6.48%	cut -10 bp
Aug 7, 2002	6.48%	6.46%	cut -2 bp
Aug 8, 2002	6.46%	6.33%	cut -13 bp
Aug 13, 2002	6.33%	6.59%	hike +26 bp
Aug 15, 2002	6.59%	6.63%	hike +4 bp
Aug 16, 2002	6.63%	6.68%	hike +5 bp
Aug 19, 2002	6.68%	6.69%	hike +1 bp
Aug 20, 2002	6.69%	6.70%	hike +1 bp
Aug 21, 2002	6.70%	6.58%	cut -12 bp
Aug 22, 2002	6.58%	6.60%	hike +2 bp
Aug 23, 2002	6.60%	6.59%	cut -1 bp
Aug 26, 2002	6.59%	6.60%	hike +1 bp
Aug 27, 2002	6.60%	6.55%	cut -5 bp
Aug 28, 2002	6.55%	5.93%	cut -62 bp
Aug 29, 2002	5.93%	6.68%	hike +75 bp
Aug 30, 2002	6.68%	6.64%	cut -4 bp
Sep 2, 2002	6.64%	6.58%	cut -6 bp
Sep 4, 2002	6.58%	6.77%	hike +19 bp
Sep 9, 2002	6.77%	6.72%	cut -5 bp
Sep 10, 2002	6.72%	6.59%	cut -13 bp
Sep 11, 2002	6.59%	6.58%	cut -1 bp
Sep 12, 2002	6.58%	6.69%	hike +11 bp
Sep 13, 2002	6.69%	6.71%	hike +2 bp
Sep 17, 2002	6.71%	6.70%	cut -1 bp
Sep 18, 2002	6.70%	6.75%	hike +5 bp
Sep 19, 2002	6.75%	7.02%	hike +27 bp
Sep 20, 2002	7.02%	7.71%	hike +69 bp
Sep 23, 2002	7.71%	8.05%	hike +34 bp
Sep 24, 2002	8.05%	8.50%	hike +45 bp
Sep 25, 2002	8.50%	6.24%	cut -226 bp
Sep 26, 2002	6.24%	8.50%	hike +226 bp
Sep 27, 2002	8.50%	8.19%	cut -31 bp
Sep 30, 2002	8.19%	8.05%	cut -14 bp
Oct 1, 2002	8.05%	8.07%	hike +2 bp
Oct 2, 2002	8.07%	7.82%	cut -25 bp
Oct 3, 2002	7.82%	7.79%	cut -3 bp
Oct 4, 2002	7.79%	7.81%	hike +2 bp
Oct 7, 2002	7.81%	7.88%	hike +7 bp
Oct 8, 2002	7.88%	7.85%	cut -3 bp
Oct 9, 2002	7.85%	7.97%	hike +12 bp
Oct 10, 2002	7.97%	8.05%	hike +8 bp
Oct 11, 2002	8.05%	8.07%	hike +2 bp
Oct 14, 2002	8.07%	8.04%	cut -3 bp
Oct 15, 2002	8.04%	7.88%	cut -16 bp
Oct 16, 2002	7.88%	7.86%	cut -2 bp
Oct 17, 2002	7.86%	7.60%	cut -26 bp
Oct 18, 2002	7.60%	7.59%	cut -1 bp
Oct 21, 2002	7.59%	7.61%	hike +2 bp
Oct 22, 2002	7.61%	7.56%	cut -5 bp
Oct 23, 2002	7.56%	6.18%	cut -138 bp
Oct 24, 2002	6.18%	7.59%	hike +141 bp
Oct 25, 2002	7.59%	7.60%	hike +1 bp
Oct 29, 2002	7.60%	7.62%	hike +2 bp
Oct 30, 2002	7.62%	7.92%	hike +30 bp
Oct 31, 2002	7.92%	7.72%	cut -20 bp
Nov 1, 2002	7.72%	7.73%	hike +1 bp
Nov 5, 2002	7.73%	7.59%	cut -14 bp
Nov 6, 2002	7.59%	7.57%	cut -2 bp
Nov 7, 2002	7.57%	7.47%	cut -10 bp
Nov 8, 2002	7.47%	7.79%	hike +32 bp
Nov 11, 2002	7.79%	8.05%	hike +26 bp
Nov 12, 2002	8.05%	8.04%	cut -1 bp
Nov 13, 2002	8.04%	7.96%	cut -8 bp
Nov 14, 2002	7.96%	7.67%	cut -29 bp
Nov 15, 2002	7.67%	7.09%	cut -58 bp
Nov 18, 2002	7.09%	6.26%	cut -83 bp
Nov 19, 2002	6.26%	7.08%	hike +82 bp
Nov 21, 2002	7.08%	6.88%	cut -20 bp
Nov 22, 2002	6.88%	6.89%	hike +1 bp
Nov 25, 2002	6.89%	6.97%	hike +8 bp
Nov 26, 2002	6.97%	6.98%	hike +1 bp
Nov 29, 2002	6.98%	7.00%	hike +2 bp
Dec 2, 2002	7.00%	6.98%	cut -2 bp
Dec 4, 2002	6.98%	6.99%	hike +1 bp
Dec 5, 2002	6.99%	7.14%	hike +15 bp
Dec 6, 2002	7.14%	7.38%	hike +24 bp
Dec 9, 2002	7.38%	7.56%	hike +18 bp
Dec 10, 2002	7.56%	7.72%	hike +16 bp
Dec 11, 2002	7.72%	7.80%	hike +8 bp
Dec 13, 2002	7.80%	7.75%	cut -5 bp
Dec 16, 2002	7.75%	7.65%	cut -10 bp
Dec 18, 2002	7.65%	6.39%	cut -126 bp
Dec 19, 2002	6.39%	7.62%	hike +123 bp
Dec 20, 2002	7.62%	7.65%	hike +3 bp
Dec 23, 2002	7.65%	7.64%	cut -1 bp
Dec 26, 2002	7.64%	7.66%	hike +2 bp
Dec 27, 2002	7.66%	7.68%	hike +2 bp
Dec 30, 2002	7.68%	7.87%	hike +19 bp
Dec 31, 2002	7.87%	8.25%	hike +38 bp

Compared with other areas at the end of 2002

Türkiye44%

Brazil25%

Russia21%

North Macedonia15.22%

South Africa13.5%

Serbia9.5%

Israel8.9%

Hungary8.5%

Mexico8.25%

India7.5%

Philippines7%

Poland6.75%

Norway6.5%

New Zealand5.75%

Iceland5.63%

China5.31%

Colombia5.25%

Malaysia5%

Australia4.75%

South Korea4.25%

United Kingdom4%

Sweden3.75%

Morocco3.25%

Kuwait3.25%

Chile3%

Denmark2.95%

Euro area2.75%

Hong Kong2.75%

Czechia2.75%

Canada2.75%

Saudi Arabia2%

Thailand1.75%

United States1.25%

Switzerland0.75%

Year-end rate over time

20266.5%

20257%

202410%

202311.25%

202210.5%

20215.5%

20204.25%

20197.25%

20188.25%

20177.25%

20165.75%

20153.25%

20143%

20133.5%

20124.5%

20114.5%

20104.5%

20094.5%

20088.25%

20077.57%

20067.02%

20058.27%

20048.75%

20036.12%

20028.25%

20018.04%

200018.79%

← 2001 2003 →

2002: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.