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Deputy Governor Esquivel Says May Start Talking About Fed Decoupling

MEXICO
  • COULD START TALKING ABOUT BANXICO DECOUPLING FROM FED: ESQUIVEL
  • MEXICO INFLATION SEEMS TO HAVE PEAKED IN 2H OF AUGUST
  • BANXICO TO CONTINUE HIKING KEY RATE
  • NEED TO START THINKING WHEN TO END MEXICO HIKING CYCLE
  • USDMXN extending to fresh highs on the day above 20.10, rising over half a percent to highs of 20.1575 as of writing.
    • It is worth noting Deputy Governor Esquivel has been the most dovish member on the Banxico board.

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