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Banxico Decision - 30 Minute Call - 1900GMT/1400ET

MEXICO
  • MNI POV: Core Inflation Points To 50bp Hike
  • Markets expect Banxico to raise rates by a further 50bps to 6.00% this month, with core inflation dynamics keeping the board on track with their accelerated pace of tightening.
  • Nonetheless, a newly appointed Governor and persistent weakness in the growth profile indicates the decision is by no means set in stone.
  • The full preview with analyst views can be found here:
  • https://roar-assets-auto.rbl.ms/documents/13791/MN...

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