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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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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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