We expect a monetary policy rate unchanged. The relative monetary stance gains relevance without neglecting the economy condition
Published on Thursday, January 29, 2015
We expect a monetary policy rate unchanged. The relative monetary stance gains relevance without neglecting the economy condition
Banxico communication suggests a lower monetary stimulus in the country before the start of the normalization cycle of the Fed. However, the duration of the slackness and convergence to the inflation target will determine the onset and rate of monetary normalization process
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