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12th Oct 2023 18:34Latin America, Weekly Monitor

  • Banxico’s Board has become more cautious about when to start the normalization cycle.
  • We still see a small chance of a rate cut in December, but recent global events are a constraint.
  • The industrial report highlights that not all is rosy in the Mexican economy; manufacturing is struggling.

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Keywords for: 16 October 2023 LatAm Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence