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CHINA PRESS

China Faces Structural Inflation Risk: CBN

JGB TECHS

(M1) Attention is On The 50-DMA

AUSSIE 10-YEAR TECHS

(M1) Outlook Remains Bearish

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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.