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Published on Friday, February 9, 2018 | Updated on Monday, February 12, 2018

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Banxico: playing it safe

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Summary

Banxico raised its policy rate by another 25bp to 7.5%, as widely anticipated, and in line with our and consensus call, given recent communication hawkishness and hints from Banxico's governor ahead of the decision. The policy rate is now at a nine year high.

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