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April 13, 2021 00:58 GMT
CHINA PRESS
China New IT-Infra Investment to Reach CNY10.53 Bln by 2025: Daily
Trending Top 5
April 13, 2021 01:47 GMT
MNI China Press Digest April 13: Inflation, IT-Infra, Taiwan
April 13, 2021 01:28 GMT
MNI: PBOC Injects CNY10 Bln via OMOs Tues; Liquidity Unchanged
April 13, 2021 01:23 GMT
MNI: PBOC Sets Yuan Parity Lower At 6.5454 Tues; +7.59% Y/Y
April 12, 2021 23:02 GMT
MNI BRIEF: UK Retail Sales Bounceback Picks Up Speed: BRC
April 12, 2021 20:36 GMT
MNI Global News and Data Calendar: US CPI April 13
March 26, 2021 14:34 GMT
MNI BANXICO Review - March 2021: Hawkish Tilt
Banxico kept the overnight rate unchanged at 4.00% in a unanimous decision.
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The full review and analyst views can be found here:
MNI Banxico Review - March 2021.pdf
Executive Summary:
- Banxico kept the overnight rate unchanged at 4.00% in a unanimous decision.
- Paths for headline and core inflation in the short term were seen slightly above those in the bank's last quarterly report.
- Banxico found it necessary to enable an orderly adjustment of financial conditions without affecting inflation expectations.
- Analysts remain divided on whether the decision signals another pause or whether the easing cycle is over.
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