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    Banxico hikes 25bp to 8.00% and stays hawkish

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    Published on Thursday, November 15, 2018 | Updated on Friday, November 16, 2018

    Banxico hikes 25bp to 8.00% and stays hawkish

    Summary

    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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    Javier Amador BBVA Research - Principal Economist

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    Spanish - November 15, 2018

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