Free Trial

Citi Survey Sees Rates at 9.5% By Year-End

MEXICO

Within the latest Citi Survey of economists, the median 2022 Year-End rate estimate is now seen at 9.50% Vs. 9.00%. Citi published the results of biweekly analysts’ survey in email:

  • Next rate move to be a 75 bps hike in June
  • 2022 year-end inflation raised to 7.00% from 6.96%
  • 2023 year-end inflation raised to 4.35% from 4.33%
  • 2022 GDP held at 1.80%, 2023 GDP cut to 1.90% from 2.00%
  • 2023 year-end rate raised to 9.25% from 8.88%
  • 2022 year-end exchange rate lowered to 20.95 from 21.00 MXN/USD

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.