We appreciate that we’re going out on a limb in saying this, but we don’t think that an interest rate hike next month in Mexico is necessarily the done deal that many now seem to assume. Indeed, a closer look at the minutes from last month’s policy meeting as well as the latest Inflation Report (released last week) reveals five lines that should temper the increasingly hawkish tendencies of the majority in the market.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services