Historical Year Data · 2022
Mexico Overnight Target Rate in 2022
Mexico Overnight Target Rate opened 2022 at 4.41% and closed at 6.96%, a +57.82% move for the year. The high of 6.96% was reached on December 1, and the low of 4.41% on April 1.
Open
4.41%
2022-01
Close
6.96%
9 data points
High
6.96%
Dec 1
Low
4.41%
Apr 1
Full Year Change
+57.82%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Apr | 4.41% | 4.41% | 4.41% | 4.41% | +0.00% |
| May | 4.60% | 4.60% | 4.60% | 4.60% | +0.00% |
| Jun | 4.89% | 4.89% | 4.89% | 4.89% | +0.00% |
| Jul | 5.18% | 5.18% | 5.18% | 5.18% | +0.00% |
| Aug | 5.50% | 5.50% | 5.50% | 5.50% | +0.00% |
| Sep | 5.81% | 5.81% | 5.81% | 5.81% | +0.00% |
| Oct | 6.20% | 6.20% | 6.20% | 6.20% | +0.00% |
| Nov | 6.58% | 6.58% | 6.58% | 6.58% | +0.00% |
| Dec | 6.96% | 6.96% | 6.96% | 6.96% | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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