Banxico to signal that it is not yet ready to change its stance
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.
Documents to download
Authors
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks