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Reuters Poll Sees Agreement For 75bp Hike Next Week

MEXICO
  • Reuters Poll: All 13 analysts polled expect Bank of Mexico to raise key rate by 75bps to 8.5% in next announcement:
  • The key interest rate is expected to reach 9.5% by the end of the year, according to the Reuters poll, indicating softer monetary tightening over the last three remaining meetings this year.
    • As a reminder, Banxico will publish its monetary policy decision on August 11

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