MNI BRIEF: Canada Warns Of Pain To U.S. From Trump Tariffs

MNI: FED TO GRADUALLY MOVE TOWARD NEUTRAL OVER TIME -MINUTES

MNI BRIEF: EC Sees Slight 2025 Euro Fiscal Contraction

MNI China Daily Summary: Tuesday, November 26

MNI BRIEF: China Supports Globalisation Despite Turbulence

MNI: PBOC Net Injects CNY11.0 Bln via OMO Tuesday

EZ/UK T-Bill Calendar: Greece, Italy Auction on Wedesday

EZ/UK Bond Supply Calendar: Italy, Finland Auction on Thursday

MNI: US OCT NEW HOME SALES -17.3% TO 0.610M SAAR

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Banxico Release Minutes of September Policy Decision

MEXICO
  • Banxico minutes here: https://www.banxico.org.mx/publications-and-press/...
  • Plenty of cautious comments from an initial skim of the Banxico comments in the monetary policy section, highlighting a more complex outlook and potentially bolstering the higher for longer thesis:
  • One member “stated that the factors supporting the upward revision in inflation forecasts should be explained, and that the balance of risks for inflation has deteriorated in an environment of high uncertainty. He/she added that in view of the more complex outlook, forward guidance should highlight that a restrictive stance will be maintained for a more extended period than the previously foreseen. He/she reiterated that it is convenient to maintain the monetary stance in restrictive territory during the entire forecast horizon.”
  • Another member “considered that the materialization of these risks could require monetary restriction for a longer period.”
  • One member “argued that, despite the advances in the disinflationary process, convergence has become slower and the main challenge continues to be the persistence of core inflation, especially that of services.”
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.