Banxico expected to remain on hold in next meetings – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    According to analysts at BBH, the Mexican central bank could leave its monetary policy stance unchanged in the upcoming meetings.

    Key Quotes

    Banco de Mexico releases minutes Friday”.

    “Inflation has been creeping higher, and should justify a cautious stance for the central bank in the months ahead”.

    “The firm peso should alleviate some concerns about inflation pass-through”.

    “For now, we see the bank on hold for the foreseeable future”.
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