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MEXICO: Banxico's Rodriguez Studying CPI Impact Of Potential US Plans

MEXICO
  • Further comments from Banxico MPC members as they present the Q3 inflation report, with Governor Rodriguez noting the recent FX volatility, but reiterating that the central bank has no optimal FX rate and has not needed to intervene in the FX market.
  • Meanwhile Deputy Governor Heath (who adopted a more dovish position at the Nov 14 MPC meeting in voting for a cut) highlights the positive November CPI data.
    • "*BANXICO IS ATTENTIVE TO RECENT FX RATE VOLATILITY: RODRIGUEZ"
    • "*BANXICO: STUDYING SCENARIOS, CPI IMPACT OF POTENTIAL US PLANS"
    • "*BANXICO REPEATS IT HAS NO 'OPTIMAL' FX RATE: RODRIGUEZ"
    • "*BANXICO HAS NOT NEEDED TO INTERVENE IN FX MARKET: RODRIGUEZ"
    • "*BANXICO’S HEATH: NOV. CPI IS 'POSITIVE' FOR NEXT RATE DECISION" - BBG
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  • Further comments from Banxico MPC members as they present the Q3 inflation report, with Governor Rodriguez noting the recent FX volatility, but reiterating that the central bank has no optimal FX rate and has not needed to intervene in the FX market.
  • Meanwhile Deputy Governor Heath (who adopted a more dovish position at the Nov 14 MPC meeting in voting for a cut) highlights the positive November CPI data.
    • "*BANXICO IS ATTENTIVE TO RECENT FX RATE VOLATILITY: RODRIGUEZ"
    • "*BANXICO: STUDYING SCENARIOS, CPI IMPACT OF POTENTIAL US PLANS"
    • "*BANXICO REPEATS IT HAS NO 'OPTIMAL' FX RATE: RODRIGUEZ"
    • "*BANXICO HAS NOT NEEDED TO INTERVENE IN FX MARKET: RODRIGUEZ"
    • "*BANXICO’S HEATH: NOV. CPI IS 'POSITIVE' FOR NEXT RATE DECISION" - BBG