Mexico | Monetary rate unchanged at 3.0%. The relative monetary stance is the key variable
Published on Thursday, March 26, 2015 | Updated on Thursday, March 26, 2015
Mexico | Monetary rate unchanged at 3.0%. The relative monetary stance is the key variable
Summary
Fed's first rate hike will be the trigger of Banxico's hiking cycle. Inflation convergence to the 3.0% objective is not at risk as exchange rate pass-through remains limited
Geographies
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- Mexico
Topics
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- Central Banks
Tags
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- Monetary policy
Authors
Iván Martínez Urquijo
BBVA Research - Principal Economist
Arnoldo López