Banxico not ready to change its stance
Published on Thursday, March 28, 2019 | Updated on Friday, March 29, 2019
Banxico not ready to change its stance
Summary
No signs that Banxico is ready to shift into easing mode. Wording stayed hawkish but had a slight dovish tweak. We continue to expect the next move in the monetary policy rate to be down, but not until 3Q.
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks
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Authors
Javier Amador
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist