May 24, 2022 14:37 GMT
Banxico May Need To Increase Differential From Fed: Heath
MEXICO
Banxico Deputy Governor Jonathan Heath speaks at second day of Chatham House Event:
- Banxico monetary stance has to be restrictive
- Banxico needs to hike 2 to 3 pts more to be restrictive
- Mexico inflation mostly externally driven
- Banxico has to maintain rate differential from Fed
- Banxico may need to increase differential from Fed (All BBG)
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