Mexico | Monetary pause continues. Banxico keeps an eye on the Fed movements
Published on Tuesday, September 22, 2015 | Updated on Wednesday, September 23, 2015
Mexico | Monetary pause continues. Banxico keeps an eye on the Fed movements
Summary
The fondeo rate remains at 3.0%. In a statement without significant changes, the central bank reiterates that the beginning of the monetary normalization cycle in the US is the main risk to price dynamics, given the slack environment and inflation below target
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks
Tags
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- Monetary policy
Authors
Iván Martínez Urquijo
BBVA Research - Principal Economist