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Heath: Consensus For Hiking 75bp In Nov, 50bp In Dec

MEXICO
  • Banxico Dep Gov Heath writes on Twitter that board consensus is for a 75bp hike in November (a repeat of the 75bp increase to 9.25% in Sept) before a 50bp hike in Dec.
  • That follows minutes earlier today that showed unanimity for the Sept move but had greater disagreement on the rate path ahead.
  • USDMXN little changed on the comments, having earlier fully reversed the move higher on US CPI, back at 19.98 off session highs of 20.16.

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