Monetary rate unchanged in 3.0%. The dovish tone remains as the improvement in economic activity is bounded to the external demand
Published on Friday, July 11, 2014
Monetary rate unchanged in 3.0%. The dovish tone remains as the improvement in economic activity is bounded to the external demand
Summary
No relevant changes in the tone with respect to the previous communiqué. Banxico highlights an improvement in external demand but also stresses that domestic expenditure does not show clear signs of recovery
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Central Banks
Tags
- Tags
- Monetary policy
Authors
Iván Martínez Urquijo
BBVA Research - Principal Economist
Arnoldo López