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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.
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Free AccessGoldman Sachs On Banxico Minutes
- As in previous occasions and given the split vote, GS expect the minutes to show significant dispersion of views among directors around the outlook for inflation, the balance of macro and financial risks, and how conservative the monetary stance should be.
- They will be paying particular attention to the discussion among directors of the monetary policy outlook and whether the June surprise rate increase is likely to be followed up by additional hikes, or whether it is potentially just a one (possibly two) hike(s).
- Will examine any discussion about the relevance and implications for domestic monetary policy setting of the recent changes in guidance, and in some places policy rates, in several EM and DM economies.
- Also look at the committee's views on real business cycle dynamics, the solid and stronger than expected performance of the economy during 4Q2020 and 1Q2021, and outlook for the remainder of 2021 given the supportive external backdrop and with Mexico particularly levered to an upbeat US growth (and US fiscal) outlook.
To read the full story
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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.