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Free AccessStubborn CPI Might Temper Discussions On Imminent Easing in February
- While the headline rate comes in above expectations, the data is offset by a lower-than-expected core reading which should be a favourable dynamic for the Banxico board. Despite this, a stubbornly high CPI rate above the target might temper the discussions for imminent easing at the first meeting of the year. For reference, this will take place on Feb 08.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.