Pantheon Macroeconomics
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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.
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