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    Mexico |A "hawkish hold" with risks ahead in an unusual context, the best strategy for now

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    Published on Friday, December 8, 2017

    Mexico |A "hawkish hold" with risks ahead in an unusual context, the best strategy for now

    Summary

    Monetary Policy should not react to temporary supply shocks. In a close call (70-30 odds) we expect Banxico to hold rates steady at next week’s policy meeting. A hawkish pause is enough for the time being

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    Carlos Serrano BBVA Research - Chief Economist
    Javier Amador BBVA Research - Principal Economist

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    Report (PDF)

    171208_BanxicoWatch_eng

    English - December 8, 2017

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