23 Sept 2020 Banxico's Easing Cycle Likely will Begin to Slow Down Tomorrow

Andres Abadia (Senior International Economist)22nd Sep 2020 20:10Latin America, Economic Monitor

Banxico's board will meet tomorrow and we expect a 25bp rate cut to 4.25%, in line with the consensus.

August banxico board central bank consumer consumption currency easing economic activity economy election em employment foreign trade gdp igae imports industrial production inflation inflation pressures interest rates job creation jobs labour labour market latin america March mexico monetary monetary policy mxn net foreign trade output gap payroll policy policymakers private consumption private investment production q1 rate cut recession remain supply trade

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