Pantheon Macroeconomics - Mexico's central bank likely will pause its monetary tightening on Thursday, keeping the main rate at 6.5%. A hike this week would follow five consecutive increases, totalling 350bp since December 2015, when policymakers were first overwhelmed by the MXN's sell-off.

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17 May 2017 With the MXN Stable, Banxico Likely Won't Hike this Week

By Andres Abadia

Mexico's central bank likely will pause its monetary tightening on Thursday, keeping the main rate at 6.5%. A hike this week would follow five consecutive increases, totalling 350bp since December 2015, when policymakers were first overwhelmed by the MXN's sell-off.

Posted: 16th May 2017 in 'Latin America Documents'

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