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JPMorgan Adjust Banxico Call To A 75BP Hike In September

MEXICO
  • BANXICO TO HIKE RATE 75BPS THIS MONTH: JPMORGAN (BBG)
  • Following the last Banxico meeting, JPMorgan had maintained its view that the Bank would hike 50bps in the next meeting, however JPM noted the risk of hiking 75bps was not small. The above headline appears to confirm they have adjusted their call to a bolder hike on September 29.

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