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Mexico | We estimate the monetary rate hike will be postponed until later this year

Published on Saturday, September 19, 2015 | Updated on Saturday, September 19, 2015

Mexico | We estimate the monetary rate hike will be postponed until later this year

The decision by the Fed to maintain unchanged its benchmark rate and conditions in Mexico of low inflation with anchored expectations and economic slack, point out that there are conditions to maintain the monetary pause. We believe that the monetary policy rate in Mexico will be synchronized with the US, and we expect a rise in the fondeo rate until the December meeting

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