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In case you missed it...MNI Banxico Preview – August 2021
- 1900BST / 1400ET, Thursday 12th August
- MNI POV - Pressures Remain – Banxico's governing board are widely expected to hike the overnight rate by another 25bps to 4.5%. Persistently high levels of headline inflation close to 6% Y/y highlight the need for further action to anchor expectations and bring CPI back to target. Markets will be watching the details included within the new communications strategy spelled out at this meeting and individual MPC members' views on pipeline policy tightening.
- The full preview with analyst views can be found here: https://roar-assets-auto.rbl.ms/documents/11505/MN...