Banco de México Raises Rates Again with Inflation Risk to Mexican Economy

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  • #38145
    Helmholtz Watson
    Participant

    The Mexican Central Bank, Banco de México raised interest rates by 50 basis points to 7.00% with the bank saying headline and core inflation forecasts
    [See the full post at: Banco de México Raises Rates Again with Inflation Risk to Mexican Economy]

    #38146
    TradersCom
    Keymaster

    Mexico’s CPI figure for May is expected to rise at a muted pace on Thursday which could flatten the year-over-year rate around 7.6% and based upon what can be observed from bi-weekly figures into the first half of the month.

    Bi-weekly core inflation is still relatively persistent.

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