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Banxico's Heath Will Vote To Match Fed If Hike Is 50 Bps Or 75 Bps

MEXICO
  • Banxico is very likely to follow the US Federal Reserve’s next interest rate hike, Deputy Governor Jonathan Heath said in an interview with Bloomberg.
  • “The number one indicator that we’re looking at is what the Fed does. I would probably say that if the Fed increases 50, it’s a given we’re going to increase 50,” Heath told Bloomberg News late Thursday. “If the Fed increases 75, we’re going to have a very interesting discussion and my guess -- I can only speak for myself, I can’t speak for everybody else -- is that we’ll probably go for what the Fed does.” (Bloomberg)
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