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Banxico’s Heath Indicates Analysts Got Message From Minutes

MEXICO
  • Deputy Governor, Jonathan Heath, took to twitter to indicate he believes the consensus among analysts understood the message conveyed within the latest Banxico communique:
    • “I think the vast majority of analysts got the message, as the consensus expects 75 basis points for November and 50 for December.”
    • “Although I did not have a dissenting opinion to the statement, I agree that we need explicit forward-looking guidance that communicates our future intentions as best as possible.”

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