Free Trial

Banxico's Heath Reiterates Focus On Data Dependence / Core Inflation

MEXICO
  • MEXICO CENTRAL BANK DEPUTY FLOATS RATE CUT DELAY TO MID-2024 (BBG)
  • MEXICO'S HEATH SAYS DYNAMIC ECONOMY AFFECTS INFLATION FIGHT (BBG)
  • Bloomberg article highlights that Heath notes the dynamic economy complicating the inflation fight, that remains focused on core inflation.
  • Slightly less hawkish than the initial headline, Heath states that “we’re basically saying we are not going to move it in November or December,” speaking in an interview. “We’re open. It could be as of February, but it could be March, it could be May, June, and it’s going to be very data-dependent.”
  • Full article here: https://blinks.bloomberg.com/news/stories/S2GXOVDWRGG0

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.