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Banxico hikes 25bp to 8.00% and stays hawkish

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One board member voted for a 50bp hike. Risks are now tilted to an additional 25bp hike in December but the call will most likely dependent of the 2019 fiscal budget outcome and its effect on confidence.

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Geographies:Mexico

Available in Spanish

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Mexico | Remittances powering ahead, up by 8.8% YoY in September, 30 months of growth

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The US unemployment rate in September was 3.7%, its lowest level for nearly fifty years, favouring employment of Mexican immigrants and remittances to Mexico. Employment of the population of Hispanic origin in the US continues its rising trend, surpassing 27 million people in employment in September.

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Geographies:Mexico
Topics:Migration

Available in Spanish, English

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Mexico | NAIM survey and outcome: unnecessary self-inflicted damage

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Confidence is damaged as the moderates within the upcoming government lost a key battle.

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Geographies:Mexico

Available in Spanish, English

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