Searcher

Published on Tuesday, March 26, 2019 | Updated on Wednesday, March 27, 2019

Banxico to signal that it is not yet ready to change its stance

Recent developments warrant a less hawkish tone. Banxico is likely to remain on hold for the next three meetings. The case for a rate cut is not strong yet, but a less hawkish wording seems warranted. Banxico will likely signal patience. We expect the easing cycle to begin in August.

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in