No change in fondeo rate. We expect a more dovish statement that will open the door to a rate cut
Published on Wednesday, April 25, 2012
No change in fondeo rate. We expect a more dovish statement that will open the door to a rate cut
Summary
The recent inflation figures support the stance of the majority of the Board members that regard a rate cut as advisable
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- Mexico
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- Macroeconomic Analysis
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BBVA Research
BBVA Research