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12th Aug 2022 15:11Latin America, Daily Monitor

Banxico hiked rates to a record 8.50%, but the pace of tightening will slow over the next few meetings.

A struggling economy and peaking inflation has allowed the Bank to dial-back its hawkish language.

The near-term policy outlook, however, is still uncertain, dependent on global conditions and the Fed.

banxico commodity prices consumer price index core inflation external conditions fed FOMC meeting inflation expectations inflation forecast mexico monetary policy mxn policy policymakers q1 q2 q3

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Keywords for: 16 Aug 2022 LatAm Monitor

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