19 September 2023 LatAm Monitor We Still see a Window for Rate Cuts in Q4, Despite a Cautious Banxico
18th Sep 2023 08:57Latin America, Daily Monitor
- It is the perfect time for a dovish shift at Banxico; core inflation and inflation expectations are falling.
- Economic activity fired on all cylinders in H1, but due mostly to nearshoring; the broad picture is less rosy.
- Growth momentum is easing, real interest rates are increasing and the FOMC will likely turn less hawkish.
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